Prime Holdings invested $2,000,000 in a new division and generated a Net Income of $250,000. What is the ROI? A) 10.50% B) 11.75% C) 12.50% D) 12.25%

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 3PA: Macon Mills is a division of Bolin Products. Inc. During the most recent year, Macon had a net...
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Prime Holdings invested $2,000,000 in a new division and
generated a Net Income of $250,000.
What is the ROI?
A) 10.50%
B) 11.75%
C) 12.50%
D) 12.25%
Transcribed Image Text:Prime Holdings invested $2,000,000 in a new division and generated a Net Income of $250,000. What is the ROI? A) 10.50% B) 11.75% C) 12.50% D) 12.25%
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