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The company has total assets of 135000 of which 102000 is

Question - The Martin Company reported net income of $15,000 on gross sales of $80,000. The company has total assets of $135,000, of which $102,000 is property, plant and equipment. What is the company's return on investment?

A. 18.8%

B. 11.1%

C. 14.7%

D. 12.5%

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Accounting Basics: The company has total assets of 135000 of which 102000 is

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Accounting Basics: The company has total assets of 135000 of which 102000 is

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