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Muscat Company is a multinational company dealing with various perfumes in Sultanate of Oman. The Total Cost is OMR 50,000, Sales OMR 80,000, Original Investment is OMR 300,000 and Average profit is OMR 40,000. Based on the given details calculate Return on Investment of the company? a. 26.66 % b. 16.66% c. None of the Options d. 13.33%

Muscat Company is a multinational company dealing with various perfumes in Sultanate of Oman. The Total Cost is OMR 50,000, Sales OMR 80,000, Original Investment is OMR 300,000 and Average profit is OMR 40,000. Based on the given details calculate Return on Investment of the company? a. 26.66 % b. 16.66% c. None of the Options d. 13.33%

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Muscat Company is a multinational company dealing with various perfumes in Sultanate of Oman. The Total Cost is OMR 50,000, Sales OMR 80,000, Original Investment is OMR 300,000 and Average profit is OMR 40,000. Based on the given details calculate Return on Investment of the company?
a.
26.66 %
b.
16.66%
c.
None of the Options
d.
13.33%
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