Vaughn Company recorded the following operating data: Sales Contribution margin Total direct fixed costs Total operating assets Jan. 1, 2022 Total operating assets Dec. 31, 2022 Vaughn Company's desired return $1246000 O 9% O 16% O 52% O 50% 462390 393000 750000 792000 16% What is Vaughn Company's ROI, rounded to the nearest whole number?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Vaughn Company recorded the following operating data:
Sales
Contribution margin
Total direct fixed costs
Total operating assets Jan. 1, 2022
Total operating assets Dec. 31, 2022
Vaughn Company's desired return
$1246000
9%
O 16%
O 52%
O 50%
462390
393000
750000
792000
16%
What is Vaughn Company's ROI, rounded to the nearest whole number?
Transcribed Image Text:Vaughn Company recorded the following operating data: Sales Contribution margin Total direct fixed costs Total operating assets Jan. 1, 2022 Total operating assets Dec. 31, 2022 Vaughn Company's desired return $1246000 9% O 16% O 52% O 50% 462390 393000 750000 792000 16% What is Vaughn Company's ROI, rounded to the nearest whole number?
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