Big IncHad $275,000 Invested in Assets, Sales of $302,500, Operating Income

question 74

Multiple Choice

Big Inc.had $275,000 invested in assets, sales of $302,500, operating income of $60,500, and a minimum acceptable rate of return of 5% on its invested assets.The rate of return on investment for Big Inc.is:

• A) 22%.
• B) 20%.
• C) 32%.
• D) 6.4%.

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