Flash Corporation has operating income of $180,000, a profit margin of 15%, and asset turnover of 2.0. The return on investment (ROI) for Flash Corporation would be closest to
A) 8%.
B) 2%.
C) 30%.
D) 125%.

Name: Flash Corporation has operating income of $180,000, a profit margin of 15%, and asset turnover of 2.0. The return on investment (ROI) for Flash Corporation would be closest to A) 8%. B) 2%. C) 30%. D) 125%.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

11ea895a_9344_9abf_861b_79c87e76a963_TB1238_00

Flash Corporation Has Operating Income of $180,000, a Profit Margin