Marshall Corporation had $220,000 in invested assets,sales of $242,000,income from operations of $66,000,and a desired minimum rate of return of 3%.The rate of return on investment for Marshall is
A) 9.1%
B) 30%
C) 3.0%
D) 27.3%

Question

Quizplus · Accepted Answer

The rate of return on investment (ROI) is calculated by dividing the income from operations by the invested assets. For Marshall Corporation, this is $66,000 / $220,000 = 0.3 or 30%.

Marshall Corporation Had $220,000 in Invested Assets,sales of $242,000,income from Operations