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Express Productions Provides the Following Information Calculate the Return on Investment

Question 25

Multiple Choice

Express Productions provides the following information.
 Sales $1370000 Operating profit 150000 Average operating assets 1200000 Shareholders’ equity 1000000 Minimum required rate of return 6%\begin{array} { l r } \text { Sales } & \$ 1370000 \\\text { Operating profit } & 150000 \\\text { Average operating assets } & 1200000 \\\text { Shareholders' equity } & 1000000 \\\text { Minimum required rate of return } & 6 \%\end{array}
Calculate the return on investment.


A) 6.5%
B) 12.5%
C) 11.0%
D) 15.0%

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