Compoform's net income for the year was $320,000.Average liabilities totaled $1.6 million and average stockholders' equity totaled $2.4 million.Return on investment (ROI) was:
A) 8.0%
B) 13.3%
C) 20.0%
D) 40.0%
Correct Answer:
Verified
Q10: The return on investment measure of performance:
A)is
Q11: Yellowday Energy's margin was 3% and turnover
Q12: When comparing entity financial ratios with industry
Q13: Yellowday Energy's margin was 3% and turnover
Q14: Financial statement ratios support informed judgments and
Q16: Mechforce Manufacturing's net income was $420,000 on
Q17: United Machining's margin was 2% and turnover
Q18: ZeroFued's net income for the year was
Q19: Another term for return on investment is:
A)Return
Q20: Mechforce Manufacturing's net income was $420,000 on
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