Sales Cost of goods sold Operating expenses Operating income Average invested capital O 70% What is the return on investment for Angel, Inc.? (Round your percentage answer to the nearest whole number.) 19% The following information regarding Angel, Inc. is available: 13% 9% $ 1.440,000 $ 630,000 $ 540,000 S 270,000 2,062,500 $

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Sales
Cost of goods sold
Operating expenses
Operating income
Average invested capital
O 70%
What is the return on investment for Angel, Inc.? (Round your percentage answer to the nearest whole number.)
O 19%
The following information regarding Angel, Inc. is available:
13%
9%
$ 1.440,000
S 630,000
$ 540,000
$ 270,000
$ 2,062,500
Transcribed Image Text:Sales Cost of goods sold Operating expenses Operating income Average invested capital O 70% What is the return on investment for Angel, Inc.? (Round your percentage answer to the nearest whole number.) O 19% The following information regarding Angel, Inc. is available: 13% 9% $ 1.440,000 S 630,000 $ 540,000 $ 270,000 $ 2,062,500
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