Use the information below to answer the following question(s):
Selected financial data for the Photocopies Division of Elizabeth's Business Machines is as follows:

-What is the Photocopier Division's return on investment?
A) 5.15%
B) 30.00%
C) 75.00%
D) 250.00%

Question

Use the information below to answer the following question(s):
Selected financial data for the Photocopies Division of Elizabeth's Business Machines is as follows:
 
-What is the Photocopier Division's return on investment?
A) 5.15% 
B) 30.00% 
C) 75.00% 
D) 250.00%

Quizplus · Accepted Answer

C) Return on investment = Operating income/Total assets
= 2,040,000/2,720,000 = 75%

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