Use the information below to answer the following question(s):
The following data relates to the Miracle Corporation and its Toy Division.

-What is the Toy Division's Return on Investment (ROI)?
A) 6%
B) 24%
C) 30%
D) 400%

Question

Use the information below to answer the following question(s):
The following data relates to the Miracle Corporation and its Toy Division.
 
-What is the Toy Division's Return on Investment (ROI)?
A) 6% 
B) 24% 
C) 30% 
D) 400%

Quizplus · Accepted Answer

Return on Investment (ROI) is calculated as (Net Profit / Investment) * 100. Without specific numbers provided for the Toy Division's net profit or investment, it's impossible to calculate the exact ROI. However, given the choices, if this is a question from a specific context or dataset where the ROI for the Toy Division has been determined as 24%, then B would be the correct choice. In general, ROI is a percentage that measures the profitability of an investment.

Use the Information Below to Answer the Following Question(s)