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Given the following data: Average operating assets $688,000 Total liabilities$103,200 Sales$344,000 Contribution margin$196,080Net operating income$61,920 Return on investment (ROI) is: Multiple Choice 18.0% 9.0% 57.0%
Given the following data:
Average operating assets $688,000
Total liabilities$103,200
Sales$344,000
Contribution margin$196,080Net operating income$61,920
Return on investment (ROI) is:
Multiple Choice
- 18.0%
- 9.0%
- 57.0%
- 28.5%
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