Question
The Parry Company provided the following information regarding its operations: 2017Total assets$5,700,0002018Total assets$6,200,0002017Net operating income$88,2002018Net operating income$93,2002017Net sales$2,875,0002018Net sales$3,450,000 What is Parry's ROI for the
The Parry Company provided the following information regarding its operations:
2017Total assets$5,700,0002018Total assets$6,200,0002017Net operating income$88,2002018Net operating income$93,2002017Net sales$2,875,0002018Net sales$3,450,000
What is Parry's ROI for the year ending 2018?(Round your answer to 2 decimal places.)
Multiple Choice
- 2.95%
- 2.79%
- 1.57%
- 1.48%
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Financial Accounting
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
12th edition
134725980, 9780134726656 , 978-0134725987
