Find gross domestic product is accounted for by logistics, Operation Management

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What percent of North American gross domestic product is accounted for by logistics?

Almost 11 percent

Almost 22 percent

Almost 33 percent

Almost 44 percent

Flingers Inc., reveals the following information in their annual report for FY 2004.

Earnings and Expenses

Sales $10,000,000

Cost of goods sold $5,000,000

Pre-tax earnings $500,000

Selected Balance Sheet Items

Merchandise inventory $80,000

Total assets $2,000,000

What is Flinger return on assets?

16%

20%

25%

40%


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