Express Productions Provides the Following Information Calculate the Return on Investment

question 25

Multiple Choice

Express Productions provides the following information.
$$\begin{array} { l r } \text { Sales } & \$ 1370000 \\\text { Operating profit } & 150000 \\\text { Average operating assets } & 1200000 \\\text { Shareholders' equity } & 1000000 \\\text { Minimum required rate of return } & 6 \%\end{array}$$
Calculate the return on investment.

• A) 6.5%
• B) 12.5%
• C) 11.0%
• D) 15.0%

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