Multiple Choice
Given the following information, calculate the firm's "return on investment" (ROI) . Net sales: $20,000,000
Net profit (after taxes) : $500,000
Investment: $10,000,000
A) 20%
B) 50%
C) 10%
D) 2.5%
E) 5%
Correct Answer:
Verified
Correct Answer:
Verified
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