Jamison Company Had Sales Revenue and Operating Expenses of $5,000,000

question 70

Multiple Choice

Jamison Company had sales revenue and operating expenses of $5,000,000 and $4,200,000, respectively, for the year just ended. If invested capital amounted to $6,000,000, the firm's ROI was:

• A) 13.33%.
• B) 83.33%.
• C) 120.00%.
• D) 750.00%.
• E) None of the answers is correct.

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