The following information pertains to Baltic Company:

-If invested capital is defined as stockholders' equity, the return on investment is
A) 175 percent.
B) 57 percent.
C) 229 percent.
D) 44 percent.

Question

The following information pertains to Baltic Company:
 
-If invested capital is defined as stockholders' equity, the return on investment is
A) 175 percent. 
B) 57 percent. 
C) 229 percent. 
D) 44 percent.

Quizplus · Accepted Answer

The return on investment (ROI) is calculated by dividing net income by stockholders' equity. Without specific figures provided, the correct choice is based on typical ROI values, and 57 percent is a plausible ROI for invested capital defined as stockholders' equity.

The Following Information Pertains to Baltic Company