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Weafer Inc. reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 7,000,000
Weafer Inc. reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 7,000,000 $14,000,000 9,560,000 4,440,000 3,740,00o $ 700,000 Last year's return on investment (ROI) was closest to: Multiple Choice 50.0% 10.0% 5.0% 63.4%
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