Given the following data:

Average operating assets	$504,000
Total liabilities	$23,520
Sales	$168,000
Contribution margin	$85,680
Net operating income	$45,360

Return on investment (ROI) would be:

27.0%

9.0%

51.0%

17.0%

2-

CS Company has a profit margin of 18%. Sales are $381,000, net operating income is $68,580, and average operating assets are $128,000. What is the company's return on investment (ROI)?

3.0

18.0%

53.6%

0.3

3-

The following information relates to last year's operations at the Paper Division of Germane Corporation:

Minimum required rate of return	6%
Return on investment (ROI)	7.8%
Sales	$840,000
Turnover (on operating assets)	2 times

What was the Paper Division's net operating income last year?

$65,520

$32,760

$50,400

$15,120

4-

Chabot Company had the following results last year: net operating income, $8,930; turnover, 4; and ROI 19%. Chabot Company's average operating assets were:

$4,241,750

$3,572,000

$35,720

$47,000

5-

Given the following data:

Return on investment	22%
Turnover	2.6
Margin	8%
Sales	$110,000
Average operating assets	$40,000
Minimum required rate of return	16%

The residual income would be:

$2,400

$0

$5,600

$8,800