Jewel Company\'s revenues are $300 and invested capital is $240. - 2003

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Request Description

Jewel Company\'s revenues are $300 and invested capital is $240. Expenses are currently 60% of sales. Jewel Company\'s current return on investment is _____. 

A. 50% 

B. 100% 

C. none of these answers are correct 

D. 80% 

Solution Description

Jewel Company\'s revenues are $300 and invested capital is $2