The following information is available for the Peter Company: - 12996

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ultimatetutor

ultimatetutor

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  • From: Biology,
  • Posted on: Wed 25 Jul, 2012
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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