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Given the following data: Average operating assets $2,016,000 Total liabilities $151,200 Sales $1,008,000 Contribution margin $604,800 Net operating income $252,000 Return on investment (ROI) would
Given the following data: |
Average operating assets | $2,016,000 |
Total liabilities | $151,200 |
Sales | $1,008,000 |
Contribution margin | $604,800 |
Net operating income | $252,000 |
Return on investment (ROI) would be: |
25.0%
12.5%
60.0%
30.0%
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