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Mason Corporation Had $650,000 in Invested Assets, Sales of $700,000

Question 94

Multiple Choice

Mason Corporation had $650,000 in invested assets, sales of $700,000, operating income amounting to $99,000, and a desired minimum return on investment of 15%.
-Marshall Corporation had $220,000 in invested assets, sales of $242,000, operating income of $66,000, and a desired minimum return on investment of 3%. The return on investment for Marshall Corporation is


A) 9.1%
B) 30%
C) 3.0%
D) 27.3%

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