Planet company had operating income of 12000 average


Question - Planet Company had operating income of $12,000, average operating assets of $125,000, and sales of $45,000. What is Planet's return on investment (ROI)? (Note: Round answer to two decimal places.)

a.20.60%

b.25.50%

c.4.50%

d.9.60%

e.5.80%

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Accounting Basics: Planet company had operating income of 12000 average
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