Question: Given the following data: Average operating assets $688,000 Total liabilities$103,200 Sales$344,000 Contribution margin$196,080Net operating income$61,920 Return on investment (ROI) is: Multiple Choice 18.0% 9.0% 57.0%

Given the following data:

Average operating assets $688,000

Total liabilities$103,200

Sales$344,000

Contribution margin$196,080Net operating income$61,920

Return on investment (ROI) is:

Multiple Choice

  • 18.0%
  • 9.0%
  • 57.0%
  • 28.5%

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