Ask Question
7 August, 19:00

Sales $1,520,437 Operating Income $77,792 Total Assets (investment) $500,251 Target Rate of Return (Cost of Capital) 12% What is return on investment?

+4
Answers (1)
  1. 7 August, 19:06
    0
    15.55%

    Explanation:

    The computation of the return on investment is shown below:

    Return on investment = Operating Income : Total assets (Investment) * 100

    = $77,792 : $500,251 * 100

    = 15.55%

    It shows the relationship between the operating income and the total assets as an investment so that the correct percentage can come.

    All other information which is given is not relevant. Hence, ignored it
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Sales $1,520,437 Operating Income $77,792 Total Assets (investment) $500,251 Target Rate of Return (Cost of Capital) 12% What is return on ...” 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