Answered: Feliz Enterprises had a sales margin of…

Feliz Enterprises had a sales margin of 20%, sales revenue of $140,000, and invested capital of $500,000. The company's ROI was O 2.8% 07.2% O None of these 0.56% O 3.6%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Feliz Enterprises had a sales margin of 20%, sales revenue of $140,000, and invested capital of $500,000. The company's ROI was
O 2.8%
07.2%
O None of these
O 5.6%
O 3.6%

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