Multiple Choice
Rickett Company has operating income of $180,000.Its return on investment (ROI) is 30%,while its target r ate of return is 12%.The total assets of Rickett Company would be closest to:
A) $ 21,600.
B) $ 54,000.
C) $ 600,000.
D) $1,500,000.
Correct Answer:
Verified
Correct Answer:
Verified
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