Multiple Choice
The Nacho Division of the Tex-Mex Company has a return on investment (ROI) of 12%, sales of $200,000, and an asset turnover of 2.0. What was Nacho's operating income?
A) $6,000.
B) $12,000.
C) $24,000.
D) $48,000.
Correct Answer:
Verified
Correct Answer:
Verified
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