Solved

The Following Information Pertains to Alan Company If Invested Capital Is Defined as Total Assets, the Return

Question 86

Multiple Choice

The following information pertains to Alan Company:  Total assets $100,000 Total current liabilities 30,000 Total expenses 60,000 Total liabilities 35,000 Total revenues 80,000\begin{array} { l r } \text { Total assets } & \$ 100,000 \\\text { Total current liabilities } & 30,000 \\\text { Total expenses } & 60,000 \\\text { Total liabilities } & 35,000 \\\text { Total revenues } & 80,000\end{array} If invested capital is defined as total assets, the return on investment is _____.


A) 160%
B) 60%
C) 70%
D) 20%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions