Last Year,a Company Had Shareholders' Equity of $160,000,operating Income of $16,000,and

question 5

Multiple Choice

Last year,a company had shareholders' equity of $160,000,operating income of $16,000,and sales of $100,000.The turnover was 0.5.What was the return on investment (ROI) ?

• A) 7%.
• B) 8%.
• C) 9%.
• D) 10%.

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Definitions:

Money

A means of exchange used to make payments for other goods and services as well as to measure their value.

Division of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.

Political Organization

Structures and systems governing the conduct of public affairs and the distribution of power within a society.

Valuable Goods

Items or resources that are considered of high value in economic, cultural, or personal terms.