Wednesday, February 20, 2013

During the past twelve months, the Zenith Corporation had a net income of $39,200

ACCOUNTING

Multiple Choice

During the past twelve months, the Zenith Corporation had a net income of $39,200. What is the return on investment if the amount of the investment is $280,000?

a. 10%

b. 12%

c. 14%

d. 16%

Click here for the SOLUTION

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