Explain rate of return on investment for avey corporation


Avey Corporation had $275,000 in invested assets, sales of $330,000, income from operations amounting to $49,500 and a desired minimum rate of return of 7.5%. The rate of return on investment for Avey Corporation is?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Explain rate of return on investment for avey corporation
Reference No:- TGS0715109

Expected delivery within 24 Hours