Given the following data: $\begin{array}{lc}
\text { Average operating assets } & \$125,000 \
\text { Total liabilities } & \$ 50,000\
\text { Sales } & \$300,000 \
\text { Contribution margin } & \$75,000 \
\text { Net operating income } & \$15,000
\end{array}$ Return on investment (ROI) is:
A) 30%
B) 5%
C) 20%
D) 12%

Question

Quizplus · Accepted Answer

Return on Investment (ROI) is calculated as Net Operating Income divided by Average Operating Assets. Here, ROI = $15,000 / $125,000 = 0.12 or 12%.

Given the Following Data Return on Investment (ROI) Is: A) 30% B) 5% C)

Given the Following Data Return on Investment (ROI) Is:
A) 30%
B) 5%
C)