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The Following Information Was Available for the Year Ended December

Question 15

Multiple Choice

The following information was available for the year ended December 31, 2019:  Sales $300,000 Net incone 50,000 Average total assets 750,000 Average total stockholders’ equity 500,000\begin{array} { l r } \text { Sales } & \$ 300,000 \\\text { Net incone } & 50,000 \\\text { Average total assets } & 750,000 \\\text { Average total stockholders' equity } & 500,000\end{array} ROI for the year ended December 31, 2019 was:


A) 6.7%
B) 10.0%
C) 16.7%
D) 20.0%

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