Blancher Corporation had $495,000 invested in assets, sales of $660,000, income from operations amounting to $99,000, and a desired minimum rate of return of 15%. The rate of return on investment for Blancher is:

Question

Quizplus · Accepted Answer

The rate of return on investment (ROI) is calculated as (Income from Operations / Invested Assets) * 100. For Blancher, it is ($99,000 / $495,000) * 100 = 20%.

Blancher Corporation Had $495,000 Invested in Assets, Sales of $660,000