Multiple Choice
Reardon Enterprises has operating income of $90,000. Its return on investment (ROI) is 40%, while its target rate of return is 15%. The total assets of Reardon Enterprises would be closest to
A) $36,000.
B) $621,429.
C) $225,000.
D) $90,000.
Correct Answer:
Verified
Correct Answer:
Verified
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