Huang Company reported the following information for the current year: The company's return on investment was:
$$\begin{array} { | l | l r | }
\hline \text { Sales } & \$ & 400,000 \
\hline \text { Average Operating Assets } & \$ & 250,000 \
\hline \text { Margin } & & 10 \% \
\hline
\end{array}$$
A)10%.
B)6.25%.
C)16%.
D)Cannot be ascertained from the information provided.

Question

Huang Company reported the following information for the current year: The company's return on investment was:
$$\begin{array} { | l | l r | } 
\hline \text { Sales } & \$ & 400,000 \
\hline \text { Average Operating Assets } & \$ & 250,000 \
\hline \text { Margin } & & 10 \% \
\hline
\end{array}$$
A)10%.
B)6.25%.
C)16%.
D)Cannot be ascertained from the information provided.

Quizplus · Accepted Answer

The Answer of Huang Company reported the following information for the current year: The company's return on investment was:
$$\begin{array} { | l | l r | } 
\hline \text { Sales } & \$ & 400,000 \
\hline \text { Average Operating Assets } & \$ & 250,000 \
\hline \text { Margin } & & 10 \% \
\hline
\end{array}$$
A)10%.
B)6.25%.
C)16%.
D)Cannot be ascertained from the information provided.

Huang Company Reported the Following Information for the Current Year