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Evaluate the return on investment (ROI) for InnoTech Ventures for the year 2023. Given the following data: Net Income: $300,000 Beginning Total Assets: $2,000,000 Ending

Evaluate the return on investment (ROI) for “InnoTech Ventures” for the year 2023. Given the following data:

Net Income: $300,000

Beginning Total Assets: $2,000,000

Ending Total Assets: $2,500,000

Beginning Total Liabilities: $1,000,000

Ending Total Liabilities: $1,200,000

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