Blaser Corporation had $1,017,000 in invested assets, sales of $1,284,000, operating income amounting to $220,000 , and a desired minimum return on investment of 15%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a.17.1% b.13.7% c.26.0% d.21.6%
Blaser Corporation had $1,017,000 in invested assets, sales of $1,284,000, operating income amounting to $220,000 , and a desired minimum return on investment of 15%. The return on investment for Blaser Corporation is Round the percentage to one decimal place. a.17.1% b.13.7% c.26.0% d.21.6%
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 1RE: Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of...
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Blaser Corporation had $1,017,000 in invested assets, sales of $1,284,000, operating income amounting to $220,000 , and a desired minimum return on investment of 15%. The return on investment for Blaser Corporation is
Round the percentage to one decimal place.
a.17.1%
b.13.7%
c.26.0%
d.21.6%
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