Monte, Inc How Much Is ROI for the Year?
A)10%
B)17%
C)20

question 36

Multiple Choice

Monte, Inc. recorded operating data for its Sandtrap division for the year. Monte requires its return to be 9%. $$\begin{array} { l r } \text { Sales } & \$ 1,000,000 \\\text { Controllable margin } & 180,000 \\\text { Total average assets } & 600,000 \\\text { Fixed costs } & 60,000\end{array}$$ How much is ROI for the year?

• A)10%
• B)17%
• C)20%
• D)30%

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