alesaavedrauas213 alesaavedrauas213

21-04-2022
Business

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A company reports sales of $10,000,000, income of $2,000,000, and average assets of $25,000,000. Return on investment equals:

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ayokenny2001 ayokenny2001

26-04-2022

Return on investment for the company equals 8%

What is Return on investment(NOI)?

Return on investment (ROI) is used to measure the capacity of an investment, or to compare it among other investments.

The basic formula for ROI

= Net Income / Total Assets * 100

= $2,000,000 / $25,000,000 * 100

= 0.08 * 100

= 8%

Hence, Return on investment for the company equals 8%

Learn more about return on investment here : https://brainly.com/question/11913993

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