The following information is available - 9710

Solution Posted by
umer

umer

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Solution Detail
Price: $1.30
  • From: ,
  • Posted on: Wed 16 May, 2012
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

The following information is available for the Peter Company: 

Sales: $500,000 

Invested capital: $312,500 

ROI: 10% 

The return on sales is _____. 

A.   10.00%

B.   6.250%

C.   1.000%

D.   62.50% 

Solution Description

The following information is available for the Peter Company:

Sales: $500,000