During 2011, the Lianro Company had sales of $375,000 and cost of goods sold of $281,250. Merchandise inventory at the beginning of the year was $118,000 and at the end of the year, it was $124,000. The return on investment in inventory was:

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The Answer of During 2011, the Lianro Company had sales of $375,000 and cost of goods sold of $281,250. Merchandise inventory at the beginning of the year was $118,000 and at the end of the year, it was $124,000. The return on investment in inventory was:

During 2011, the Lianro Company Had Sales of $375,000 and Cost