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The Following Information Pertains to Kumperor Company Invested Capital Is Defined as Total Assets

Question 91

Multiple Choice

The following information pertains to Kumperor Company:
 Average total assets $100,000 Total current liabilities $30,000 Total expenses $60,000 Total liabilities $35,000 Total revenues $80,000\begin{array}{ll}\text { Average total assets } & \$ 100,000 \\\text { Total current liabilities } & \$ 30,000 \\\text { Total expenses } & \$ 60,000 \\\text { Total liabilities } & \$ 35,000 \\\text { Total revenues } & \$ 80,000\end{array}
Invested capital is defined as total assets.What is the return on investment?


A) 20%
B) 60%
C) 70%
D) 160%

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