Information for Duncan Corporation is shown below: 20X1 Net Income ₱ 400,000 Average Investment ₱1,000,000 Sales Revenue ₱2,000,000 If the average investment of the company increased by 10% without any change in net income, what would be the new ROI? Show solution Group of answer choices 44.44% 44.00% 18.18% 36.36%
Information for Duncan Corporation is shown below: 20X1 Net Income ₱ 400,000 Average Investment ₱1,000,000 Sales Revenue ₱2,000,000 If the average investment of the company increased by 10% without any change in net income, what would be the new ROI? Show solution Group of answer choices 44.44% 44.00% 18.18% 36.36%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Information for Duncan Corporation is shown below:
20X1 |
|
Net Income |
₱ 400,000 |
Average Investment |
₱1,000,000 |
Sales Revenue |
₱2,000,000 |
If the average investment of the company increased by 10% without any change in net income, what would be the new ROI? Show solution
Group of answer choices
44.44%
44.00%
18.18%
36.36%
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