27.0% 9.0% 51.0% 17.0% 2- CS Company has a profit margin of 18%. Sales are $381,

Question

27.0%

9.0%

51.0%

17.0%

2-

CS Company has a profit margin of 18%. Sales are $381,000, net operating income is $68,580, and average operating assets are $128,000. What is the company's return on investment (ROI)?

3.0

18.0%

53.6%

0.3

3-

The following information relates to last year's operations at the Paper Division of Germane Corporation:

What was the Paper Division's net operating income last year?

$65,520

$32,760

$50,400

$15,120

4-

Chabot Company had the following results last year: net operating income, $8,930; turnover, 4; and ROI 19%. Chabot Company's average operating assets were:

$4,241,750

$3,572,000

$35,720

$47,000

5-

$2,400

$0

$5,600

$8,800

Explanation / Answer

Answer:1 ROI=(Net operating income/Average operating assets)*100

=(45360/504000)*100=9%

Answer:2 ROI=(Net operating income/Average operating assets)*100

(68580/128000)*100=53.6%

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