ROI & ROS for Randall Company Distribution
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Randall Company makes & distributes outdoor play equipment. Last year its sales were $12,000,000, nte income was $3,000,000, and the assets used were $15,000,000.
1) Asset turnover, the productivity component of return on investment, is ____
20%, 80%, 25%, or 125%
2) Return on sales, the efficiency component of return on investment, is ______
20%, 80%, 25%, or 125%
please advise of answers & why - thanks!
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ROI and ROS for Randall Company distribution is examined.
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1) Asset turnover, the productivity component of return on investment, is ...
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- MBA, Texas A&M University-Kingsville
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