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23-03-2020
Business

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Given the following data: Average operating assets $ 1,372,000 Total liabilities $ 144,060 Sales $ 1,029,000 Contribution margin $ 535,080 Net operating income $ 164,640 Return on investment (ROI) is:

a. 16.0%
b. 12.0%
c. 52.0%
d. 39.0%

Respuesta :

abdullahfarooqi abdullahfarooqi

26-03-2020

Answer:

b. 12.0%

Explanation:

ROI=Net operating income/Avg operating assets = 164640/1372000 = 12%

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