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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.?

  • 3.08%

  • 20.34%

  • 30.77%

  • 2.03%

2. What is the return on sales for Maven, Inc.?

  • 3.08%

  • 2.03%

  • 20.34%

  • 30.77%

3. What is the capital turnover for Maven, Inc.?

  • 30.77%

  • 3.08%

  • 66.10%

  • 2.03%

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