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Bogdan [553]
2 years ago
14

Waldron inc. is considering selling to a group of new customers that will bring in credit sales of $24,000 with a return on sale

s of 5%. the only new investment will be in accounts receivable. waldron has a turnover ratio of 6 to 1 between sales and accounts receivable. what is waldron inc.'s expected return on investment?
Business
1 answer:
Andrew [12]2 years ago
6 0

Answer:

30%

Explanation:

The computation of return on investment is shown below:-

Return on Sales = Credit sales ×  Return on sales

= $24,000 × 5%

= $1,200

Investment in Accounts Receivable

= $24,000 ×  1 ÷ 6

= $4,000

Return on Investment = Return on Sales ÷  Investment in Accounts Receivable  × 100

= $1,200 ÷ $4,000  × 100

= 30%

Therefore for computing the return on investment we simply divide the investment in account receivable by return on sales.

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Answer:

fiscal policies

Explanation:

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2 years ago
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Yelp is offering a special on advertising. The special offers to reach 30,000 people for $1,800. What is the CPM (Cost Per Thous
Dmitry_Shevchenko [17]

Answer:

$60

Explanation:

Cost per mile or cost per thousand is the amount the advertisers charge for every 1000 views. It is the cost incurred when an advertisement is exposed to 1000 people.

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 30,000

CPM = $1,800,000/30,000

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3 0
2 years ago
Nathanial’s company developed a new machine that could sort through a stock of produced goods to identify defective ones. His co
Marta_Voda [28]

Nathanial’s company can apply for a Utility Patents patent for the new machine.

<u>Explanation:</u>

Any intellectual property can be protected by the use of a patent. Filing for legal protection is the major requirement for acquiring a patent. Patent are useful for the protection of any new process, machine or anything that is created physically. Utility patent, plant patent, provisional patent and design patent are the different types of patents that exists in US.

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5 0
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An office building has $66,000 of net income and sold for $550,000. What was the rate of return? 12% 8.3% 10% 11.1%
spayn [35]

Answer:

8,3

Explanation:

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2 years ago
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