A company's electronics division had sales of $25 billion,net income of $4 billion,and average invested assets of $5 billion.What is this division's return on investment?
A) 16%
B) 5
C) 80%
D) 20%
E) 1.25

Name: A company's electronics division had sales of $25 billion,net income of $4 billion,and average invested assets of $5 billion.What is this division's return on investment? A) 16% B) 5 C) 80% D) 20% E) 1.25
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Question

Quizplus · Accepted Answer

($4 billion/$25 billion) x ($25 billion/$5 billion) = 80%

A Company's Electronics Division Had Sales of $25 Billion,net Income