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Given the following data: Average operating assets $ 1,080,000 Total liabilities $ 162,000 Sales $ 540,000 Contribution margin $ 297,000 Net operating income $ 86,400
Given the following data:
Average operating assets | $ | 1,080,000 |
Total liabilities | $ | 162,000 |
Sales | $ | 540,000 |
Contribution margin | $ | 297,000 |
Net operating income | $ | 86,400 |
Return on investment (ROI) is:
16.0%
8.0%
55.0%
27.5%
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