The operating margin for the Randall Company last year was 8 per cent. If total sales are £1,250,000 and average operating assets are £400,000, ROI was
A)25%.
B)20%.
C)16%.
D)10%.

Name: The operating margin for the Randall Company last year was 8 per cent. If total sales are £1,250,000 and average operating assets are £400,000, ROI was A)25%. B)20%. C)16%. D)10%.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

ROI = (Operating Margin * Sales) / Average Operating Assets= (8% * £1,250,000) / £400,000= £100,000 / £400,000= 25%

The Operating Margin for the Randall Company Last Year Was