Product line analysis provides information for two key decision areas — product line length and product mix pricing
Indicate whether the statement is true or false
TRUE
Business
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The following is divisional information for EVQ Enterprises
East Division West Division Operating income $250,000 $200,000 Net sales 2,225,000 1,575,000 Total assets at Jan. 1 1,500,000 840,000 Total assets at Dec .31 1,200,000 1,000,000 The target rate of return is 12% for the East Division and is 10% for the West Division. Compute the return on investment for each division. (Round to one decimal place.) What will be an ideal response
Business
An example of an investing activity would be
A. purchasing equipment for cash. B. buying inventory from a supplier on credit. C. selling stock to investors for cash. D. repaying the principle on a bank loan.
Business