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If the asset turnover and profit margin of a company are 1.85 and 0.35 respectively, the return on investment is.

April 20, 2025 by admin

A. 0.65
B. 0.35
C. 1.50
D. 5.29

Categories Accounting MCQs with Answers

A company is currently operating at 80% capacity level. The production under normal capacity level is 1,50,000 units. The variable cost per unit is ` 14 and the total fixed costs are ` 8,00,000. If the company wants to earn a profit of ` 4,00,000, then the price of the product per unit should be

Budgeted sales for the next year is 5,00,000 units. Desired ending finished goods inventory is 1,50,000 units and equivalent units in ending W-I-P inventory is 60,000 units. The opening finished goods inventory for the next year is 80,000 units, with 50,000 equivalent units in beginning W-I-P inventory How many equivalent units should be produced?

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