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Grave Raven's net income for the year was $480,000 . Average liabilities totaled $1.0 million and average stockholders' equity totaled $3.0 million. Return on investment

Grave Raven's net income for the year was

$480,000

. Average liabilities totaled

$1.0

million and average stockholders' equity totaled

$3.0

million. Return on investment (ROI) was:\ Multiple Choice\

12.0%

20.0%

8.0%

16.0%

\ Prev\ 7 of 20\ Nxt

Grave Raven's net income for the year was $480,000. Average liabilities totaled $1.0 million and average stockholders' equity totaled $3.0 million. Return on investment (ROI) was: Multiple Choice 12.0% 20.0% 8.0% 16.0%

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