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The following information regarding Maven, Inc. is available: Sales $ 1,950,000 Cost of goods sold $ 1,350,000 Operating expenses $ 540,000 Operating income $ 60,000
The following information regarding Maven, Inc. is available:
Sales | $ | 1,950,000 | ||
Cost of goods sold | $ | 1,350,000 | ||
Operating expenses | $ | 540,000 | ||
Operating income | $ | 60,000 | ||
Average invested capital | $ | 2,950,000 | ||
1. What is the return on investment for Maven, Inc.?
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3.08%
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20.34%
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30.77%
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2.03%
2. What is the return on sales for Maven, Inc.?
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3.08%
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2.03%
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20.34%
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30.77%
3. What is the capital turnover for Maven, Inc.?
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30.77%
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3.08%
-
66.10%
-
2.03%
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