Given the following data: Average operating assets $1,152,000 Total liabilities 65,280 $ 384,000 $ 230,400 $ 103, 680 Sales Contribution margin Net operating income Return on investment (ROI) is:

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.1MBA
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Given the following data:
Average operating assets
$1,152,000
Total liabilities
65,280
Sales
384,000
Contribution margin
230,400
Net operating income
103,680
Return on investment (RCOI) is:
Transcribed Image Text:Given the following data: Average operating assets $1,152,000 Total liabilities 65,280 Sales 384,000 Contribution margin 230,400 Net operating income 103,680 Return on investment (RCOI) is:
Return on investment (ROI) is:
Multiple Cholce
27.0%
9.0%
60.0%
20.0%
Transcribed Image Text:Return on investment (ROI) is: Multiple Cholce 27.0% 9.0% 60.0% 20.0%
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