Reed Company reported total sales of $150,000 last year and a return on investment (ROI)of 12%.If the company's turnover was 3,what was the company's operating income for the year?
A) $2,000.
B) $6,000.
C) $18,000.
D) It is impossible to determine from the data given.

Question

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The Answer of Reed Company reported total sales of $150,000 last year and a return on investment (ROI)of 12%.If the company's turnover was 3,what was the company's operating income for the year?
A) $2,000.
B) $6,000.
C) $18,000.
D) It is impossible to determine from the data given.

Reed Company Reported Total Sales of $150,000 Last Year and a Return