QUESTION: BRANDON INC. HAS PROVIDED THE FOLLOWING DATA FOR LAST YEAR'S OPERATIONS: SALES NET OPERATING INCOME $100,000 $6,000 AVERAGE OPERATING ASSETS $40,000 STOCKHOLDERS EQUITY $25,000 MINIMUM REQUIRED A RATE 10% OF RETURN BRANDON'S RETURN ON INVESTMENT (ROI) IS:
QUESTION: BRANDON INC. HAS PROVIDED THE FOLLOWING DATA FOR LAST YEAR'S OPERATIONS: SALES NET OPERATING INCOME $100,000 $6,000 AVERAGE OPERATING ASSETS $40,000 STOCKHOLDERS EQUITY $25,000 MINIMUM REQUIRED A RATE 10% OF RETURN BRANDON'S RETURN ON INVESTMENT (ROI) IS:
QUESTION: BRANDON INC. HAS PROVIDED THE FOLLOWING DATA FOR LAST YEAR'S OPERATIONS: SALES NET OPERATING INCOME $100,000 $6,000 AVERAGE OPERATING ASSETS $40,000 STOCKHOLDERS EQUITY $25,000 MINIMUM REQUIRED A RATE 10% OF RETURN BRANDON'S RETURN ON INVESTMENT (ROI) IS:
Transcribed Image Text:QUESTION:
BRANDON INC. HAS PROVIDED THE
FOLLOWING DATA FOR LAST YEAR'S
OPERATIONS:
SALES
NET OPERATING INCOME
$100,000
$6,000
AVERAGE OPERATING ASSETS $40,000
STOCKHOLDERS EQUITY
$25,000
MINIMUM REQUIRED A RATE 10%
OF RETURN
BRANDON'S RETURN ON INVESTMENT
(ROI) IS:
Formula Formula ROI (%) = Net Income Principal Amount × 100
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