The following information pertains to Bala Co.for the year ended December 31: (CPA adapted) Which of the following equations should be used to compute Bala's return on investment (ROI)?
A)(4/6)× (6/1)= ROI
B)(6/4)× (1/6)= ROI
C)(4/6)× (1/6)= ROI
D)(6/4)× (6/1)= ROI

Question

The following information pertains to Bala Co.for the year ended December 31: (CPA adapted)  Which of the following equations should be used to compute Bala's return on investment (ROI)?
A)(4/6)× (6/1)= ROI 
B)(6/4)× (1/6)= ROI 
C)(4/6)× (1/6)= ROI 
D)(6/4)× (6/1)= ROI

Quizplus · Accepted Answer

The Answer of The following information pertains to Bala Co.for the year ended December 31: (CPA adapted)  Which of the following equations should be used to compute Bala's return on investment (ROI)?
A)(4/6)× (6/1)= ROI 
B)(6/4)× (1/6)= ROI 
C)(4/6)× (1/6)= ROI 
D)(6/4)× (6/1)= ROI

The Following Information Pertains to Bala Co