Asked by Matthew Vulku on Apr 24, 2024
Verified
The ROI for this year's investment opportunity considered alone is closest to:
A) 51.0%
B) 50.0%
C) 10.0%
D) 17.0%
Investment Opportunity
A potential financial venture or asset purchase that could yield returns in the future.
ROI
Return on Investment, a metric used to evaluate the efficiency of an investment or compare the efficiency of several different investments.
- Absorb the technique and importance of calculating Return on Investment (ROI).
Verified Answer
NJ
nefertiti johnsonMay 02, 2024
Final Answer :
D
Explanation : 
ROI = Net operating income ÷ Average operating assets = $153,000 ÷ $900,000 = 17.0%
ROI = Net operating income ÷ Average operating assets = $153,000 ÷ $900,000 = 17.0%
Learning Objectives
- Absorb the technique and importance of calculating Return on Investment (ROI).