Vertex Solutions invested $1,500,000 in a new project and earned a Net Income of $225,000. What is the Return on Investment (ROI)? A) 12.00% B) 13.50% C) 15.00% D) 16.50%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
Author:MOYER
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Chapter16: Working Capital Policy And Short-term Financing
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Vertex Solutions invested $1,500,000 in a new project and earned a
Net Income of $225,000.
What is the Return on Investment (ROI)?
A) 12.00%
B) 13.50%
C) 15.00%
D) 16.50%
Transcribed Image Text:Vertex Solutions invested $1,500,000 in a new project and earned a Net Income of $225,000. What is the Return on Investment (ROI)? A) 12.00% B) 13.50% C) 15.00% D) 16.50%
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