Ask Question
BusinessBusiness
17 February, 20:34

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. 17 February, 23:48
    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 you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Eastwood Cake Factory sells chocolate cakes, birthday cakes, and specialty cakes. The factory is experiencing a bottleneck and is trying to determine which cake is most profitable.
Answers (1)
Economics is the study of a. how society manages its scarce resources. b. the government's role in society. c. how a market system functions. d. how to increase production.
Answers (1)
The Mixing Department of Healthy FoodsHealthy Foods had 65 comma 00065,000 equivalent units of materials for OctoberOctober.
Answers (1)
Which of the following are reasons managed floating exchange rates were adopted by the industrialized nations in 1973? Check all that apply.
Answers (1)
Refer to table 16-2. what is the concentration ratio for industry j?
Answers (1)
New Questions in Business
Describe the growth and development of the rail industry and what impact it had
Answers (1)
Money market mutual funds a. are very risky investments. b. require significant investments, so are out of reach of the common investor. c. carry no loads. d. none of the above. e.
Answers (1)
Cashier's checks Checks Question 5 0/1 pts If Sid Inc. has net sales of $750,000, sales on account of $600,000, and sales returns and allowances of $50,000, what would be the bad debt expense for the year, assuming that Sid uses an estimate of 12%
Answers (1)
True or false? Individual electronic components can be combined into larger groups, called diodes, to increase their usefulness.
Answers (1)
Beall's is a chain of department stores that operates all over Florida. After serving Florida for 100 years, Beall's has learned that different merchandise is needed in order to satisfy the different needs of the customers who live in different
Answers (1)
Home » Business » 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?
Sign Up Forgot Password?