From the information given below,calculate the organization's return on investment.
Total Liabilities = $300,000;Total Assets = $600,000;Gross Margin = $200,000;Net Income Before Taxes = $30,000;Total Expenses = $240,000
A) 50 percent
B) 5 percent
C) 10 percent
D) 12.5 percent
E) 15 percent

Question

Quizplus · Accepted Answer

ROI = Net profit before taxes/Total assets = $30,000/$600,000 = .05 = 5 percent.

From the Information Given Below,calculate the Organization's Return on Investment