Use the following information to answer the following Questions
The following information pertains to Travis Concrete:

The company's imputed interest rate is 8%.
-The ROI is:
A) 6%.
B) 15%.
C) 20%.
D) 30%.
E) 40%.

Question

Use the following information to answer the following Questions
The following information pertains to Travis Concrete:

The company's imputed interest rate is 8%.
-The ROI is:
A) 6%. 
B) 15%. 
C) 20%. 
D) 30%. 
E) 40%.

Quizplus · Accepted Answer

ROI (Return on Investment) is calculated as (Net Profit / Cost of Investment) x 100. If the net profit is $20,000 and the cost of investment is $100,000, then ROI = ($20,000 / $100,000) x 100 = 20%.

Use the Following Information to Answer the Following Questions