-Marshall Industries has sales of $600,000 and net operating income of $30,000.Marshall's average operating assets total $200,000.What is the company's return on investment? Show your work.
Definitions:
Rights and Liabilities
Legal entitlements and responsibilities held by individuals or entities under the law.
Surviving Corporation
The remaining, or continuing, corporation following a merger.
Assets and Liabilities
Elements of a financial statement; assets represent resources owned, while liabilities represent obligations owed.
Disappearing Corporation
A scenario where a corporation intentionally vanishes or dissolves, often to evade legal responsibilities or liabilities.
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