Pierre's Ice Cream Company produces ultra-rich ice cream,which it sells in the Cleveland,Ohio area.Last year,it managed to exceed its target ROI for the current fiscal year.The following results were found on its financial statements:
What was the actual return on investment (ROI) for Parrish Farms?
A) 6.67 percent
B) 10 percent
C) 22 percent
D) 28 percent
E) 100
Correct Answer:
Verified
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