Judson Company has an investment in assets of $900,000, income that is 10% of sales, and an ROI of 18%. From this information the amount of income would be
A) $162,000.
B) $140,000.
C) $72,000.
D) $90,000.

Name: Judson Company has an investment in assets of $900,000, income that is 10% of sales, and an ROI of 18%. From this information the amount of income would be A) $162,000. B) $140,000. C) $72,000. D) $90,000.
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Question

Quizplus · Accepted Answer

ROI = (Income / Assets) * 10018% = (Income / $900,000) * 100Income = $162,000

Judson Company Has an Investment in Assets of $900,000, Income