First Question:

The Lastrom Company provided the following information regarding its operations: 2014 Total assets $750,000 2015 Total assets $800,000 2014 Net operating income $187,500 2015 Net operating income $192,500 2014 Net sales $4,525,000 2015 Net sales $5,100,000 What is Lastrom's ROI for the year ending 2015?

24.84%.

2.48%.

24.06%.

25.00%.

Second Question:

The return on investment is calculated by:

Multiplying the capital turnover by the return on sales.

Dividing the capital turnover by the return on sales.

Dividing average invested capital by sales.

Multiplying operating income by capital turnover.

Third Question:

Which of the following is not one of the components of the DuPont system for measuring and evaluating business performance?

	Return on sales.
	Return on investment.
	Inventory turnover.
	Capital turnover.