Mason Corporation had $650,000 in invested assets, sales of $700,000, income from operations amounting to $99,000, and a desired minimum rate of return of 15%. The profit margin for Mason is:
A) 7.1%
B) 20%
C) 15.2%
D) 14.1%
D
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Sara has found an unlimited source of catnip so that is no longer a constraint. However, customer demand dictates that she produce 2.5 times more catnip balls than mice. Write the new constraint
Sara's Sensible Critters makes two kinds of catnip toys: balls (x1) and mice (x2). The relationship between demand and price for balls and mice is: x1 = 1800 - 150p1 x2 = 1500 - 300p2 The cost for a catnip ball is $2 and for the mouse, $3. Sara has only 200 ounces of catnip on hand. A ball uses a tenth of an ounce and a toy mouse uses one-quarter of an ounce.
When the ________ of decision making is used, group members are not required to meet face to face
A) Delphi technique B) TQM technique C) operative technique D) behind-the-scenes technique