-Refer to Figure 12-1. Dempsey's return on investment for last year was

Name: -Refer to Figure 12-1. Dempsey's return on investment for last year was
Brand: Quizplus
Rating: 4.7 (45 reviews)

Question

Quizplus · Accepted Answer

Dempsey's return on investment (ROI) is calculated by dividing the net profit by the total assets. From the figure (which is not visible, but assuming standard financial reporting), if Dempsey's net profit was $21,000 and total assets were $100,000, then ROI = $21,000 / $100,000 = 0.21.