Solved

Zenith Corporation's Net Income Is $80,000

Question 67

Multiple Choice

Zenith Corporation's net income is $80,000. What is the return on investment if the amount of the investment is $510,000?

A) 18.60%
B) 13.56%
C) 15.69%
D) 27.12%

Related Questions

Q62: Using residual income as a measure of

Q63: Current cost return on investment is a

Q64: Total assets employed includes all assets, regardless

Q65: A report that measures financial and nonfinancial

Q66: Springfield Corporation, whose tax rate is 34%,

Q68: In an EVA calculation, the corporate charge

Q69: Some companies present financial and nonfinancial performance

Q70: The top management at Groundsource Company, a

Q71: Batman Abstract Company has three divisions that

Q72: Megatron Corp. earned net income of 16,000