The parry company provided the following information, Accounting Basics

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The parry company provided the following information

Problem

The Parry Company provided the following information regarding its operations:

2014 Total assets $500,000
2015 Total assets $550,000
2014 Net operating income $87,500
2015 Net operating income $92,500
2014 Net sales $2,525,000
2015 Net sales $3,100,000

What is Parry's ROI for the year ending 2015?

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Accounting Basics: The parry company provided the following information

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Accounting Basics: The parry company provided the following information

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