Question

54. What is the return on investment (RO) for ABC Company, based on its 2017 data below: Average operating assets Total liabilities Sales Contribution margin Net operating income 2,016,000 $151,200 $1,008,000 $604,800 $252,000 A. 50.0% B. 30.0% C. 25.0% D. 12.5%
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Answer #1

Return on investment = Net operating income /Operating assets

=$252000 /$2016000

=.125*100

=12.5%

So.the answer is 12.5%   

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