Quests return on investment was calculate roi based on


The following information pertains to Quest Co.'s Gold Division for the current year:

  Sales

$

220,900      

  Variable cost

$

187,500      

  Traceable fixed costs

$

28,000      

  Average invested capital

$

30,000      

  Imputed interest rate

 

6.50%   

Quest's return on investment was: (Calculate ROI based on Operating Income.)

 

 

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Accounting Basics: Quests return on investment was calculate roi based on
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