Question
If a company has sales of $2,500,000, net income of $250,000, and an asset base of $1,250,000, its return on investment is a.500%. b.20%. c.10%.
If a company has sales of $2,500,000, net income of $250,000, and an asset base of $1,250,000, its return on investment is
a.500%.
b.20%.
c.10%.
d.200%.
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Fundamentals Of Oil And Gas Accounting
Authors: Rebecca A. Gallun, Ph.D. Wright, Charlotte J, Linda M. Nichols, John W. Stevenson
4th Edition
0878147934, 9780878147939
