12. Shandling Company had operating income of $70,000, sales of $218,750, and turnover of 0.5. What is Shandling's ROI? * 64% 32% 16% Cannot be determined from this information. 50%

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 29E
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12. Shandling Company had operating income of $70,000, sales of $218,750, and turnover of 0.5.
What is Shandling's ROI? *
64%
32%
16%
Cannot be determined from this information.
50%
Transcribed Image Text:12. Shandling Company had operating income of $70,000, sales of $218,750, and turnover of 0.5. What is Shandling's ROI? * 64% 32% 16% Cannot be determined from this information. 50%
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