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

Step 1: The calculation of the return on investment Return on investment = Net operating income /…

Answered: Blaser Corporation had $275,000 in…

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%