Question: Given the following data: Average operating assets $688,000 Total liabilities $103,200 Sales $344,000 Contribution margin $196,080 Net operating income $61,920 Return on investment (ROI) is:

Given the following data:

Average operating assets $688,000

Total liabilities $103,200

Sales $344,000

Contribution margin $196,080

Net operating income $61,920

Return on investment (ROI) is:

Multiple Choice

A 18.0%

B. 9.0%

C 57.0%

D. 28.5%

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