Tennill Inc.has a $1,400,000 investment opportunity with the following characteristics: The ROI for this year's investment opportunity considered alone is closest to:

Name: Tennill Inc.has a $1,400,000 investment opportunity with the following characteristics: The ROI for this year's investment opportunity considered alone is closest to:
Brand: Quizplus
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Question

Tennill Inc.has a $1,400,000 investment opportunity with the following characteristics:  The ROI for this year's investment opportunity considered alone is closest to:

Quizplus · Accepted Answer

11ea7998_5c84_85fd_911b_4d7cf63a532b_TB2627_00_TB2627_00 ROI = Net operating income ÷ Average operating assets = $134,400 ÷ $1,400,000 = 9.6%