Exercise 15-12A (Algo) Return on investment LO 15-6 An investment center of Rooney Corporation shows...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Exercise 15-12A (Algo) Return on investment LO 15-6 An investment center of Rooney Corporation shows an operating income of $7,378 on total operating assets of $62,000. Required Compute the return on investment. (Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).) Return on investment %
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
