Jamison Company had sales revenue and operating expenses of $5,000,000 and $4,200,000, respectively, for the year just ended. If invested capital amounted to $6,000,000, the firm's ROI was:

A. 83.33%.
B. 750.00%.
C. 13.33%.
D. 120.00%.
E. None of the answers is correct.


Answer: C

Business

You might also like to view...

The current market demand for flat-screen TVs is 4 million units per year. It is estimated that the market potential for this industry is expected to be 25 million units. What is the market development index for this industry?

A) -21 B) 16 C) 21 D) 84 E) 625

Business

YouTube is an example of which type of social media site?

A. thought sharing B. social networking C. microblogging D. media sharing E. social bookmarking

Business

Which of the following is true of American anti-trust laws?

A. It does not require the defendant to have personal jurisdiction. B. It is not affected by the long arm statute. C. It can only award treble charges in cases involving the government. D. It can be applied only when the court has subject-matter jurisdiction.

Business

Banker's acceptances have the following characteristics EXCEPT

A) typical maturities of 1 to 5 years. B) are sold on a discount basis and payable to the bearer. C) are not "issued" in predetermined denominations. D) fully taxable at the federal, state, and local levels.

Business