Planet Company Had Operating Income of $12,000, Average Operating Assets

question 21

Multiple Choice

Planet Company had operating income of $12,000, average operating assets of $125,000, and sales of $45,000.What is Planet's return on investment (ROI) ? (Note: Round answer to two decimal places.)

• A) 9.60%
• B) 20.60%
• C) 25.50%
• D) 5.80%
• E) 4.50%

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Service Model

A business model that offers intangible value beyond a physical product, typically through professional services, support, or subscriptions.

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The desire for products or services that customers are willing and able to purchase at a given price.

NSA

The National Security Agency, a U.S. government agency responsible for global monitoring, collection, and processing of information and data for foreign and domestic intelligence and counterintelligence purposes.