Top Of Form Question 51 Not Yet Answered Points

Top of FormQuestion 51Not yet answeredPoints out of 2.00Flag questionQuestion textGiven: Net revenue$400,000 Average operating assets$120,000Controllable margin$30,000Minimum rate of return14%The return on investment for management performance evaluation isSelect one:a. 25.0%b. 7.5%c. 11.0%d. -6.5%Question 52Not yet answeredPoints out of 2.00Flag questionQuestion textThe condensed income statement for a business for the past year is as follows: Product WhamBlamSales$ 300,000$200,000Less variable costs180,000165,000Contribution margin$ 120,000$ 35,000Less fixed costs90,00060,000Income (loss) from operations$ 30,000$(25,000)Management is considering the discontinuance of the manufacture and sale of Blam at the beginning of the current year. Sixty percent of Blam's fixed costs are allocated corporate costs which will be incurred even if Blam is discontinued. What is the amount of change in company net income for the current year that will result from the discontinuance of Blam?Select one:a. $11,000 decrease.b. $25,000 increase.c. $35,000 decrease.d. $1,000 increase.Question 53Not yet answeredPoints out of 2.00Flag questionQuestion textA business received an offer from an exporter for 5,000 units of product at $8.50 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. Selling costs of $.70 per