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Given the following data: Average operating assets $ 1,152,000 Total liabilities $ 65,280 Sales $ 384,000 Contribution margin $ 230,400 Net operating income $ 103,680
Given the following data:
| Average operating assets | $ | 1,152,000 |
| Total liabilities | $ | 65,280 |
| Sales | $ | 384,000 |
| Contribution margin | $ | 230,400 |
| Net operating income | $ | 103,680 |
Return on investment (ROI) is:
Multiple Choice
27.0%
60.0%
20.0%
9.0%
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Internal Auditing Assurance And Advisory Services
Authors: Kurt R. Reding, Paul J. Sobel, Urton L. Anderson, Michael J. Head, Sridhar Ramamoorti, Mark Salamasick, Cris Riddle
3rd Edition
0894137409, 978-0894137402
