Muscat Company is a multinational company dealing with various perfumes in Sultanate of Oman. The Total Cost is OMR 50,000, Sales OMR 80,000, Original Investment is OMR 300,000 and Average profit is OMR 40,000. Based on the given details calculate Return on Investment of the company? a. 26.66 % b. 16.66% c. 13.33% d. None of the Options Clear my choic
Muscat Company is a multinational company dealing with various perfumes in Sultanate of Oman. The Total Cost is OMR 50,000, Sales OMR 80,000, Original Investment is OMR 300,000 and Average profit is OMR 40,000. Based on the given details calculate Return on Investment of the company? a. 26.66 % b. 16.66% c. 13.33% d. None of the Options Clear my choic
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Muscat Company is a multinational company dealing with various perfumes in Sultanate of Oman. The Total Cost is OMR 50,000, Sales OMR 80,000, Original Investment is OMR 300,000 and Average profit is OMR 40,000. Based on the given details calculate Return on Investment of the company?
a.
26.66 %
b.
16.66%
c.
13.33%
d.
None of the Options
Clear my choice
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