Contrast Crystal Company has experienced some questionable changes in both its operating income and total...
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Accounting
Contrast Crystal Company has experienced some questionable changes in both its operating income and total assets. The managerial accountant reported that operating income has decreased by? 6% from? $400,000 to? $376,000 and its total assets have decreased by? 6% from? $2,025,000 to? $1,900,000 in 2012.
Required Compute the original ROI and the final ROI.
A. ?13%; 18%
B. ?25%; 28%
C. ?20%; 20%
D.?35%; 14%
E. ?20%;16%
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