Question 50 Erin's Easter Eggs had the following results last year. Management's targeted rate of return is 20% and its weighted average cost of capital is 25%. Sales $850,000 Operating Income $160,000 Total Assets $1,600,000 Current Liabilities $750,000 What is Erin's Easter Eggs return on investment (ROI)? 53% 20% 13% 10%

Erin's Easter Eggs had the following results last year. Management's targeted rate of return is 20% and its weighted average cost of capital is 25%. What is Erin's Easter Eegs return on investment (ROl)? 53N 20% 13N 10