The Following Information Pertains to Artemis Co Which of the Following Equations Should Be Used to Compute

question 74

Multiple Choice

The following information pertains to Artemis Co.for the year ended December 31: (CPA adapted)
$$\begin{array} { | l | r | } \hline \text { Sales } & \$ 600,000 \\\hline \text { Income } & \$ 100,000 \\\hline \text { Capital investment } & \$ 400,000 \\\hline\end{array}$$ Which of the following equations should be used to compute Artemis' return on investment (ROI) ?

• A) (4/6)× (6/1)= ROI
• B) (6/4)× (1/6)= ROI
• C) (4/6)× (1/6)= ROI
• D) (6/4)× (6/1)= ROI

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