Multiple Choice
From the information given below,calculate the organization's return on investment.
Total Liabilities = $300,000;Total Assets = $600,000;Gross Margin = $200,000;Net Income Before Taxes = $30,000;Total Expenses = $240,000
A) 50 percent
B) 5 percent
C) 10 percent
D) 12.5 percent
E) 15 percent
Correct Answer:
Verified
Correct Answer:
Verified
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