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Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Center Income Average Assets A $ 535,000 $ 4,800,000 B
Two investment centers at Marshman Corporation have the following current-year income and asset data:
Investment Center | Income | Average Assets |
---|---|---|
A | $ 535,000 | $ 4,800,000 |
B | 645,000 | 3,150,000 |
The return on investment (ROI) for Investment Center A is:
Multiple Choice
48.80
28.90%
23.90
818.30%
11.15%
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