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Reference: 12-01
the Following Information Is Available on Company A

Question 20

Multiple Choice

Reference: 12-01
The following information is available on Company A:  Sales $900,000 Net operating income 36,000 Stockholders’ equity 100,000 Average operating assets 180,000 Minimum required rate of return 15%\begin{array} { | l | l | } \hline \text { Sales } & \$ 900,000 \\\hline \text { Net operating income } & 36,000 \\\hline \text { Stockholders' equity } & 100,000 \\\hline \text { Average operating assets } & 180,000 \\\hline \text { Minimum required rate of return } & 15 \% \\\hline\end{array}
-Company A's return on investment (ROI) is?


A) 36%.
B) 20%.
C) 4%.
D) 15%.

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