Multiple Choice
Big Inc.had $275,000 invested in assets, sales of $302,500, operating income of $60,500, and a minimum acceptable rate of return of 5% on its invested assets.The rate of return on investment for Big Inc.is:
A) 22%.
B) 20%.
C) 32%.
D) 6.4%.
Correct Answer:
Verified
Correct Answer:
Verified
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