Bonilla Inc. has a $700,000 investment opportunity with the following characteristics:

-The ROI for the investment opportunity is closest to:
A) 7.0%
B) 128.0%
C) 21.2%
D) 22.4%

Name: Bonilla Inc. has a $700,000 investment opportunity with the following characteristics: -The ROI for the investment opportunity is closest to: A) 7.0% B) 128.0% C) 21.2% D) 22.4%
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Question

Bonilla Inc. has a $700,000 investment opportunity with the following characteristics:
 
-The ROI for the investment opportunity is closest to:
A) 7.0% 
B) 128.0% 
C) 21.2% 
D) 22.4%

Quizplus · Accepted Answer

11ea7761_1669_8add_81a5_5dc70ab1ccd3_TB2580_00 ROI = Net operating income ÷ Average operating assets = $156,800 ÷ $700,000 = 22.4%