Calculate the Return on Investment from the Information Given Below

question 31

Multiple Choice

Calculate the return on investment from the information given below. Net Income = $18,000; Advertising Expenses = $220,000; Total Liabilities = $120,000; Total Assets = $160,000; Gross Margin = $80,000; Taxes Paid = $2,000

• A)16.67 percent
• B)15 percent
• C)11.25 percent
• D)12.5 percent

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Definitions:

Establish Objectives

The act of identifying and setting specific goals or targets that an organization or individual aims to achieve.

Standards Of Performance

Benchmarks or metrics used to measure and evaluate the effectiveness, quality, or efficiency of an individual's or organization's output.

Measuring Actual Performance

Measuring actual performance involves the process of gathering, analyzing, and interpreting data regarding an individual's or organization's achievements and progress towards goals.

Key Results

Key results are specific, measurable outcomes used to track the achievement of an objective.