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Barrera Corporation provides the following financial? information: Minimum acceptable operating income $560,000 Average total assets $2,530,000 Operating income $705,000 Return on investment 27.87?% Net sales
Barrera Corporation provides the following financial? information:
Minimum acceptable operating income | $560,000 |
Average total assets | $2,530,000 |
Operating income | $705,000 |
Return on investment | 27.87?% |
Net sales | $875,000 |
Calculate the target rate of return.? (Round your answer to two decimal? places.)
A.80.57?%
B.27.87?%
C.64.00?%
D.22.13?%
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