Given the following data:Average operating assets$1,152,000Total liabilities65,280Sales384,000Contribution margin230,400Net operating income103,680Return on investment (RCOI) is: Return on investment (ROI) is:Multiple Cholce27.0%9.0%60.0%20.0%

Return on Investment: Return on Investment is a profitability measure of Investment in a company.…

Answered: Given the following data: Average…

Given the following data: Average operating assets $1,152,000 Total liabilities 65,280 $ 384,000 $ 230,400 $ 103, 680 Sales Contribution margin Net operating income Return on investment (ROI) is:

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

Given the following data:
Average operating assets
$1,152,000
Total liabilities
65,280
Sales
384,000
Contribution margin
230,400
Net operating income
103,680
Return on investment (RCOI) is:

Return on investment (ROI) is:
Multiple Cholce
27.0%
9.0%
60.0%
20.0%

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