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17 March, 14:15

Sales $1,406,537 Operating Income $102,299 Total Assets (investment) $541,233 Target Rate of Return (Cost of Capital) 10% What is return on investment? Input your answer to 1 decimal place. For example if you calculate. 1892 enter 18.9.

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Answers (2)
  1. 17 March, 14:21
    0
    18.9

    Explanation:

    ROI = Net Profit / Total Investment * 100

    ROI = ($102,299/$541,233) * 100

    ROI = 18.9
  2. 17 March, 14:34
    0
    18.90%

    Explanation:

    The formula to compute the return on investment is shown below:

    = Operating income : Total Assets (investment)

    = $102,299 : $541,233

    = 18.90%

    It shows a relationship between the operating income and the total assets i. e investment so that the accurate return on investment can be computed

    All other information which is given is not relevant. Hence, ignored it
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