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Two investment centers at Marshman Corporation have the following current-year income and asset data:
Investment Investment
Center A Center B
Investment center income $415,000 $525,000
Investment center average invested assets $2,400,000 $1,950,000
The return on investment (ROI) for Investment Center B is:__________
a) 371.4%
b) 26.9%
c) 24.1%
d) 39.2%

Respuesta :

abiolataiwo2015

Answer:

b) 26.9%

Explanation:

Computation of the return on investment (ROI) for Investment Center B

Using this formula

Return on investment (ROI) =Investment center income/Investment center average invested assets

Let plug in the formula

Return on investment (ROI) =$525,000/$1,950,000

Return on investment (ROI) = 0.269×100

Return on investment (ROI) = 26.9%

Therefore the return on investment (ROI) for Investment Center B is 26.9%

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