Marketing MCQ
Marketing
The net profit of InfraBricks Construction Corp. after taxes for the year 2013 was estimated to be $400,000. During the same year, its total assets were worth $8 million. In this case, InfraBricks's return on investment (ROI) for the year 2013 was _____.
The net profit of InfraBricks Construction Corp. after taxes for the year 2013 was estimated to be $400,000. During the same year, its total assets were worth $8 million. In this case, InfraBricks's return on investment (ROI) for the year 2013 was _____.
The net profit of InfraBricks Construction Corp. after taxes for the year 2013 was estimated to be $400,000. During the same year, its total assets were worth $8 million. In this case, InfraBricks's return on investment (ROI) for the year 2013 was _____.
a. 5 percent
b. 0.5 percent
c. 2 percent
d. 20 percent
Answer: a.
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