$1,563,741 Sales $135,601 Operating Income Total Assets (investment) $565,923 Target Rate of Return (Cost of 11% Capital) What is return on investment? Input your answer to 1 decimal place. For example if you calculate.1892 enter 18.9.

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.2.1MBA
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100%
$1,563,741
Sales
$135,601
Operating Income
Total Assets (investment)
$565,923
Target Rate of Return (Cost of
11%
Capital)
What is return on investment? Input your answer to 1 decimal place. For example if you
calculate.1892 enter 18.9.
Transcribed Image Text:$1,563,741 Sales $135,601 Operating Income Total Assets (investment) $565,923 Target Rate of Return (Cost of 11% Capital) 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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