Question
The following information pertains to Kumperor Company: Average total assets $100,000 Total current liabilities $30,000 Total expenses $60,000 Total liabilities $35,000 Total revenues $80,000 Invested
The following information pertains to Kumperor Company:
Average total assets $100,000
Total current liabilities $30,000
Total expenses $60,000
Total liabilities $35,000
Total revenues $80,000
Invested capital is defined as total assets. What is the return on investment?
| A. | 70% | |
| B. | 160% | |
| C. | 20% | |
| D. | 60% |
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
