The sales in the Components Division last year totaled £600,000, and its ROI was 15 per cent. If the company's operating margin was 5 per cent, then its average operating assets must have been
A)£4,000,000.
B)£200,000.
C)££60,000.
D)It cannot be determined from the information given.

Question

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The Answer of The sales in the Components Division last year totaled £600,000, and its ROI was 15 per cent. If the company's operating margin was 5 per cent, then its average operating assets must have been
A)£4,000,000.
B)£200,000.
C)££60,000.
D)It cannot be determined from the information given.

The Sales in the Components Division Last Year Totaled £600,000