Using the Following Information, the Return on Investment Is A) 10%
B) 12%
C) 14%
D) 16

question 46

Multiple Choice

Using the following information, the return on investment is:
$$\begin{array} { l r } \text { Sales } & \$ 80000 \\\text { Operating profit } & \$ 10000 \\\text { Profit margin } & 10 \% \\\text { Equity } & \$ 40000 \\\text { Minimum required rate of return } & 12 \% \\\text { Turnover of assets } & 1.4 \text { times p.a. }\end{array}$$

• A) 10%
• B) 12%
• C) 14%
• D) 16.8%