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Question 17 Given the following data: Average operating assets Total liabilities Sales Contribution margin Net operating income $1,080,000 $162,000 $ 540,000 $297,000 $ 86,400 Return

Question 17

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Given the following data: Average operating assets Total liabilities Sales Contribution margin Net operating income $1,080,000 $162,000 $ 540,000 $297,000 $ 86,400 Return on investment (ROl) is: Multiple Choice 16.0% 0 8.0% 55.0% 275%

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