Question
Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 36%. The company's net operating income for
Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 36%. The company's net operating income for the year was:
| A. | $144,000 | |
| B. | $120,000 | |
| C. | $80,000 | |
| D. | $60,000 | |
| E. | $72,000 | |
| F. | None of the above |
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Expert Systems In Auditing
Authors: J C Van Dijk, Paul Williams, Michael P. Cangemi
1st Edition
1349124761, 978-1349124763
