Multiple Choice
Joseph Company has an investment in assets of $1,003,000, operating income that is 10% of sales, and an ROI of 17%. From this information the amount of operating income would be:
A) $170,510.
B) $270,510.
C) $185,510.
D) Impossible to determine from the information given.
Correct Answer:
Verified
Correct Answer:
Verified
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