Nguyen Corporation has collected the following data concerning one of its products: What is the return on investment (ROI) percentage for Nguyen Corporation for its product?
A) 20.0%
B) 22.5%
C) 25.0%
D) 30.0%

Question

Nguyen Corporation has collected the following data concerning one of its products:  What is the return on investment (ROI) percentage for Nguyen Corporation for its product?
A) 20.0% 
B) 22.5% 
C) 25.0% 
D) 30.0%

Quizplus · Accepted Answer

(Total investment x ROI percentage (X) = ROI); $2,000,000 * X = [($150 - $120) x 20,000] ÷ $2,000,000; X = $600,000 ÷$2,000,000 = .30 or 30%

Nguyen Corporation Has Collected the Following Data Concerning One of Its