Solved

Flash Corporation Has Operating Income of $180,000,a Sales Margin of 15%,and

Question 73

Multiple Choice

Flash Corporation has operating income of $180,000,a sales margin of 15%,and capital turnover of 2.0.The return on investment (ROI) for Flash Corporation would be closest to:


A) 8%.
B) 2%.
C) 30%.
D) 125%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions