Joseph Company Has an Investment in Assets of $450,000,operating Income

question 114

Multiple Choice

Joseph Company has an investment in assets of $450,000,operating income that is 10% of sales,and an ROI of 18%.From this information the amount of operating income would be:

• A) $81,000.
• B) $45,000.
• C) $2,500,000.
• D) Impossible to determine from the information given.

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