Com Goudl A co, reported the following: Sales $210,000, operating expenses $ 180,000 and average assets $200,000. They require a 15% return on investments. What is the retum on investment (ROI) ratio? 15% 14.29% 90% 12.5%
Com Goudl A co, reported the following: Sales $210,000, operating expenses $ 180,000 and average assets $200,000. They require a 15% return on investments. What is the retum on investment (ROI) ratio? 15% 14.29% 90% 12.5%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Com Goudl A co, reported the following:
Sales $210,000, operating expenses $
180,000 and average assets $200,000.
They require a 15% return on investments.
What is the retum on investment (ROI)
ratio? 15% 14.29% 90% 12.5%
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