Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and...

Question

Question

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and a desi

Answer 1

Answer #1

Invested assets = $1,093,000

Operating income = $233,000

Return on investment = Operating income/Invested assets

= 233,000/1,093,000

= 21.3%

Correct option is d.

Other information given in the question, is not relevant to calculate return on investment and hence ignored.

Kindly give a positive rating if you are satisfied with this solution and please ask if you have any query.

Thanks

Add a comment

Answer 2

Similar Homework Help Questions

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and...

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and a desired minimum return on investment of 13%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a. 18.1% Ob. 25.6% Oc. 14.5% d. 21.3%
Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and...

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and a desired minimum return on investment of 13%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a. 18.1% Ob. 25.6% Oc. 14.5% d. 21.3%
Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and...

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and a desired minimum return on investment of 13%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a. 18.1% Ob. 25.6% Oc. 14.5% d. 21.3%

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and...

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and a desired minimum return on investment of 13%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a. 18.1% Ob. 25.6% Oc. 14.5% d. 21.3%
Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and...

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and a desired minimum return on investment of 13%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a. 18.1% Ob. 25.6% Oc. 14.5% d. 21.3%
Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and...

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and a desired minimum return on investment of 13%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a. 18.1% Ob. 25.6% Oc. 14.5% d. 21.3%

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and...

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and a desired minimum return on investment of 13%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a. 18.1% Ob. 25.6% Oc. 14.5% d. 21.3%
Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and...

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and a desired minimum return on investment of 13%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a. 18.1% Ob. 25.6% Oc. 14.5% d. 21.3%
Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and...

Blaser Corporation had $1,093,000 in invested assets, sales of $1,284,000, operating income amounting to $233,000, and a desired minimum return on investment of 13%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a. 18.1% Ob. 25.6% Oc. 14.5% d. 21.3%

13 Mason Corporation had $1,164,000 in invested assets, sales of $1,274,000, income from operations amounting to...

13 Mason Corporation had $1,164,000 in invested assets, sales of $1,274,000, income from operations amounting to $204,000, and a desired minimum return of 12%. The residual income for Mason Corporation is a.$0 b.($5,600) c.$90,048 d.$64,320