The Following Information Is Available for Arnett Company Invested Capital Is Defined as Total Assets

Multiple Choice

The following information is available for Arnett Company:
$\begin{array}{lclr}\text { Current assets } & \$ 100,000 & \text { Current liabilities } & \$ 175,000 \\\text { Property, plant and } & & \text { Long-term liabilities } & 100,000 \\\text { equipment } & 150,000 & \text { Stockholders' equity } & 25,000\\\text { Other assets }&50,000&\text { Total liabilities and }\\\text { Total assets }&\$300,000&\text { stockholders' equity }&\$300,000\end{array}$
Invested capital is defined as total assets.Net operating income is $60,000.What is ROI?

A) 20%
B) 30%
C) 50%
D) 120%