Average Operating Assets Are $110,000 and Net Operating Income Is

question 62

Multiple Choice

Average operating assets are $110,000 and net operating income is $23,100.The company invests $25,000 in new assets for a project that will increase net operating income by $4,750.What is the return on investment (ROI) of the new project?

• A)21%
• B)19%
• C)18.5%
• D)20%

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Definitions:

Iroquois Confederacy

A historical alliance of Native American tribes in Northeast North America, known for its sophisticated political system and influence on democratic principles.

Anglo-American Conflict

Historical disputes or wars between the British (Anglo) and Americans, including but not limited to the American Revolution and the War of 1812.

Joseph And Mary Brant

A brother and sister who were influential Mohawk leaders, with Joseph Brant being a military leader who sided with the British during the American Revolutionary War.

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A highly contagious and deadly disease caused by the variola virus, eradicated in 1980 through vaccination efforts.