An investment center of Aquilar Corporation shows an operating income of $7,500 on total operating assets of

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An investment center of Aquilar Corporation shows an operating income of $7,500 on total operating assets of $60,000.

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Compute the return on investment.


Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Survey of Accounting

ISBN: 978-0078110856

3rd Edition

Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi

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