Using the Information Provided by Tasco Sales, Calculate the Return

question 15

Multiple Choice

Using the information provided by Tasco Sales, calculate the return on investment.
Sales $1 900 000
Operating profit 30 000
Average operating assets 600 000
Shareholders' equity 50 000
Minimum required rate of return 10%

• A) 4%
• B) 9%
• C) 5%
• D) 6%

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Definitions:

Intensifies

To become or make more intense, amplifying the strength or seriousness of something.

Constructive

Relating to or characterized by building up, improving, or contributing positively to something.

Significant

Having a particularly important, notable, or consequential value or impact.

Persistent Annoyance

A continuous or recurring irritation that may affect one's performance, mood, or interactions negatively.