Question
Results from Kawaii Company are as follows: Operating Income $8203 Total Assets $15086 Current Liabilities $3801 Sales $35450 Target Rate of Return (Cost of Capital)
Results from Kawaii Company are as follows:
| Operating Income | $8203 |
| Total Assets | $15086 |
| Current Liabilities | $3801 |
| Sales | $35450 |
| Target Rate of Return (Cost of Capital) | 14% |
Calculate Return on Investment. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place.
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Not For Profit Entities Audit And Accounting Guide
Authors: AICPA
1st Edition
1937351971, 978-1937351977
