Camping World Corporation has operating income of $78,000, a sales margin of 15%, and capital turnover of 2.6. The return on investment (ROI)for Camping World Corporation may be closest to
A)6%.
B)39%.
C)256%.
D)3%.

Name: Camping World Corporation has operating income of $78,000, a sales margin of 15%, and capital turnover of 2.6. The return on investment (ROI)for Camping World Corporation may be closest to A)6%. B)39%. C)256%. D)3%.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

ROI = Sales Margin x Capital Turnover
ROI = 15% x 2.6
ROI = 39%

Camping World Corporation Has Operating Income of $78,000, a Sales