SOLUTION: Can someone please help me with this problem: A company reported the following information for 2007: Sales = $800,000 Average Operating Assets = $500,000 Margin = 8% The c

Algebra ->  Finance -> SOLUTION: Can someone please help me with this problem: A company reported the following information for 2007: Sales = $800,000 Average Operating Assets = $500,000 Margin = 8% The c      Log On


   



Question 174432: Can someone please help me with this problem:
A company reported the following information for 2007:
Sales = $800,000
Average Operating Assets = $500,000
Margin = 8%
The company's return on investment for 2007 was: (percent)

Answer by edjones(8007) About Me  (Show Source):
You can put this solution on YOUR website!
The operating assets are the investment.
800000*.08=64,000
64000/500000=.128=12.8%
.
Ed