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Given the following data: Average operating assets $512,000 Total liabilities $46,080 Sales $384,000 Contribution margin $215,040 Net operating income $46,080 Return on investment (ROI) would
Given the following data: |
Average operating assets | $512,000 |
Total liabilities | $46,080 |
Sales | $384,000 |
Contribution margin | $215,040 |
Net operating income | $46,080 |
Return on investment (ROI) would be: |
12.0%
9.0%
56.0%
42.0%
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