Cirone Incorporated reported the following results from last year's operations: At the beginning of this year, the company has a $1,200,000 investment opportunity with the following characteristics:
If the company pursues the investment opportunity and otherwise performs the same as last year, the combined margin for the entire company will be closest to:
A) 3.1%
B) 8.4%
C) 6.3%
D) 12.1%

Question

Cirone Incorporated reported the following results from last year's operations:  At the beginning of this year, the company has a $1,200,000 investment opportunity with the following characteristics:
 If the company pursues the investment opportunity and otherwise performs the same as last year, the combined margin for the entire company will be closest to:
A) 3.1% 
B) 8.4% 
C) 6.3% 
D) 12.1%

Quizplus · Accepted Answer

The Answer of Cirone Incorporated reported the following results from last year's operations:  At the beginning of this year, the company has a $1,200,000 investment opportunity with the following characteristics:
 If the company pursues the investment opportunity and otherwise performs the same as last year, the combined margin for the entire company will be closest to:
A) 3.1% 
B) 8.4% 
C) 6.3% 
D) 12.1%

Cirone Incorporated Reported the Following Results from Last Year's Operations