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    Managerial Accounting Study Set 6
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    Exam 10: Performance Evaluation
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    Lewis Company Has Operating Income of $336,000
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Lewis Company Has Operating Income of $336,000

Question 134

Question 134

Multiple Choice

Lewis Company has operating income of $336,000.Its return on investment (ROI) is 48%,while its target rate of return is 10%.The total assets of Lewis Company may be closest to


A) $33,600.
B) $3,360,000.
C) $161,280.
D) $700,000.

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