Multiple Choice
Pirate Enterprises has operating income of $66,500. Its return on investment (ROI) is 35%, while its target rate of return is 25%. The total assets of Pirate Enterprises may be closest to
A) $23,275.
B) $266,000.
C) $190,000.
D) $66,500.
Correct Answer:
Verified
Correct Answer:
Verified
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