What would the return on investment be

Assignment Help Financial Accounting

Reference no: EM132813950

Problem 1: Buckingham Inc. is considering adding a new division. New assets to support expansion will cost $580,000. The sales and marketing division estimates it can generate $1.64 million in annual sales, with a 10% profit margin. What would the return on investment be?

Option 1: 10%
Option 2: 3.5%
Option 3: 28.28%
Option 4: 35.4%

Reference no: EM132813950

Questions Cloud

How much external funding is required : Profit margin of 10% and a dividend payout ratio of 35%. Assuming no additional increase in liabilities will occur, how much external funding is required?

Is there an arbitrage opportunity : Outline a step-by-step trading strategy to profit from such an opportunity without risk, if there is one.

What is june required production : The company maintains ending inventory equal to 130% of next month's sales. June beginning inventory reflects this policy. What is June's required production?

How much is the deferred tax liability at December : The company made a donation to Hospicio de San Jose amounting to P25,000. How much is the deferred tax liability at December 31, 2020

What would the return on investment be : The sales and marketing division estimates it can generate $1.64 million in annual sales, with a 10% profit margin. What would the return on investment be?

List specific treatment goals for ivy : Ivy, age 23, is a white woman who graduated from college last year. She began working as an accountant one month after graduating. Approximately two months ago.

Labor of undocumented immigrants and migrant workers : Summarize (400 words) the main points in Robinson's argument on cheap labor of undocumented immigrants and migrant workers

The international gold standard : Consider two countries, the U.S. (domestic) and U.K. (foreign), under the international gold standard. The central bank in each country offers a fixed currency

Explain details of the personalized plan of care : Post a description of the patient case from your experiences, observations, and/or clinical practice from the last 5 years. Then, describe factors that might.

User Account

All Pages