Blaser Corporation had $275,000 in invested assets, sales of $330,000, operating income amounting to $33,000, and a desired minimum return on investment of 7.5%. The return on investment (rounded to one decimal place) for Blaser Corporation is ○ a. 7.5% O b. 10.0% O c. 12.0% O d. 8.3%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter13: Capital Structure Concepts
Section: Chapter Questions
Problem 6P
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Blaser Corporation had $275,000 in invested assets, sales of $330,000, operating income
amounting to $33,000, and a desired minimum return on investment of 7.5%. The return on
investment (rounded to one decimal place) for Blaser Corporation is
○ a. 7.5%
O b. 10.0%
O c. 12.0%
O d. 8.3%
Transcribed Image Text:Blaser Corporation had $275,000 in invested assets, sales of $330,000, operating income amounting to $33,000, and a desired minimum return on investment of 7.5%. The return on investment (rounded to one decimal place) for Blaser Corporation is ○ a. 7.5% O b. 10.0% O c. 12.0% O d. 8.3%
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