Last year the Uptown Division of Gorcen Enterprises had sales of $300,000 and a net operating income of $24,000. The average operating assets at Uptown last year amounted to $120,000. Last year at Uptown the margin used to calculate ROI amounted to:
A)8%
B)12%
C)20%
D)40%

Question

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The Answer of Last year the Uptown Division of Gorcen Enterprises had sales of $300,000 and a net operating income of $24,000. The average operating assets at Uptown last year amounted to $120,000. Last year at Uptown the margin used to calculate ROI amounted to:
A)8%
B)12%
C)20%
D)40%

Last Year the Uptown Division of Gorcen Enterprises Had Sales