Ask Question
3 October, 22:03

Reed company's sales last year totaled $200,000 and its return on investment (roi) was 16%. if the company's turnover was 4, then its net operating income for the year must have been:

+3
Answers (1)
  1. 3 October, 22:14
    0
    The answer is 200,000 *.16% = 32,000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Reed company's sales last year totaled $200,000 and its return on investment (roi) was 16%. if the company's turnover was 4, then its net ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers