Given the following data:
average operating assets $504,000
total liabilities $23,520 <...
Business, 23.01.2020 18:31 asdfghhk9805
Given the following data:
average operating assets $504,000
total liabilities $23,520
sales $168,000
contribution margin $85,680
net operating income $45,360
return on investment (roi) would be:
a. 27.0%
b. 9.0%
c. 51.0%
d. 17.0%
Answers: 3
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