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Given the following data: Average operating assets $720,000 Total liabilities $51,840 Sales $432,000 Contribution margin $250,560 Net operating income $108,000 Return on investment (ROI) would
Given the following data: |
Average operating assets | $720,000 |
Total liabilities | $51,840 |
Sales | $432,000 |
Contribution margin | $250,560 |
Net operating income | $108,000 |
Return on investment (ROI) would be: |
34.8% | |
25.0% | |
58.0% | |
15.0% |
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