Question
Given the following data, what would ROI be? Sales $140,000 Net operating income $15,000 Contribution margin $40,000 Average operating assets $100,000 Stockholder's equity $50,000 30.0%
Given the following data, what would ROI be?
Sales $140,000
Net operating income $15,000
Contribution margin $40,000
Average operating assets $100,000
Stockholder's equity $50,000
- 30.0%
- 15.0%
- 28.6%
- 10.7%
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Financial and Managerial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
3rd edition
978-1-119-3916, 1119392132, 1119392136, 9781119391609, 1119391601, 978-1119392132
