If Division Q's income from operations was $60,000 and invested assets amounted to $400,000,the rate of return on investment calculated would be 15%.

Question

Quizplus · Accepted Answer

To calculate the rate of return on investment, we need to divide the income from operations by the invested assets and multiply by 100.

Rate of return on investment = (Income from operations / Invested assets) x 100

= ($60,000 / $400,000) x 100

= 0.15 x 100

= 15%

Therefore, the rate of return on investment is 15%, which is given in option A.

If Division Q's Income from Operations Was $60,000 and Invested