Use the Information Below to Answer the Following Question(s)

Multiple Choice

Use the information below to answer the following question(s) .Pershing Company budgeted the following costs for the production of its one and only product, blades, for the next fiscal year:
Pershing has a target profit of $150,000.
-If total invested capital is $1,000,000, what is the company's target rate of return on investment?

A) 15 %
B) 20 %
C) 25 %
D) 30 %
E) 35 %