The Hum Division of the Ho Company reported the following data for last year:

-The return on investment (ROI)last year for the Hum Division was:
A) 75%
B) 25%
C) 35%
D) 12%

Name: The Hum Division of the Ho Company reported the following data for last year: -The return on investment (ROI)last year for the Hum Division was: A) 75% B) 25% C) 35% D) 12%
Brand: Quizplus
Rating: 5.0 (35 reviews)

Question

The Hum Division of the Ho Company reported the following data for last year:
 
-The return on investment (ROI)last year for the Hum Division was:
A) 75% 
B) 25% 
C) 35% 
D) 12%

Quizplus · Accepted Answer

ROI = Net operating income ÷ Average operating assets
= $150,000 ÷ $600,000 = 25%

The Hum Division of the Ho Company Reported the Following