Minar Inc. reported the following results from last year's operations:
At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics:

-If the company pursues the investment opportunity and otherwise performs the same as last year,the combined ROI for the entire company will be closest to:
A) 14.4%
B) 2.7%
C) 11.7%
D) 18.8%

Question

Minar Inc. reported the following results from last year's operations:
  At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics:
 
-If the company pursues the investment opportunity and otherwise performs the same as last year,the combined ROI for the entire company will be closest to:
A) 14.4% 
B) 2.7% 
C) 11.7% 
D) 18.8%

Quizplus · Accepted Answer

11ea7761_166a_9c51_81a5_5d0dccf85056_TB2580_00 Net operating income = $456,000 + $107,100 = $563,100
Average operating assets = $3,000,000 + $900,000 = $3,900,000
ROI = Net operating income ÷ Average operating assets = $563,100 ÷ $3,900,000 = 14.4%

Minar Inc Reported the Following Results from Last Year's Operations