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Top management is trying to determine which would be the best choice of the following: Data of investment choices: 1 Sales $10,000,000 Operating income        200,000 Average operating assets

Top management is trying to determine which would be the best choice of the following: Data of investment choices: 1 Sales $10,000,000 Operating income        200,000 Average operating assets

Essentials Of Investments
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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QUESTION 25

  1.  

    Top management is trying to determine which would be the best choice of the following:

    Data of investment choices:

    1

    Sales

    $10,000,000

    Operating income

           200,000

    Average operating assets

        2,000,000

     

    Required:  Compute the Return on Investment

     

       

     9%

     
       

    12%

     
       

     8%

     
       

    10%

     

     

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