Plamba Corporation had $250,000 invested in assets,sales of $490,000,income from operations amounting to $70,000,and a desired minimum rate of return of 15%.The rate of return on investment for Plamba is:
A)14%.
B)28%.
C)20%.
D)15%.

Question

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The Answer of Plamba Corporation had $250,000 invested in assets,sales of $490,000,income from operations amounting to $70,000,and a desired minimum rate of return of 15%.The rate of return on investment for Plamba is:
A)14%.
B)28%.
C)20%.
D)15%.

Plamba Corporation Had $250,000 Invested in Assets,sales of $490,000,income from Operations