Solved: What is the return on investment, Accounting Basics

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What is the return on investment

Discussion:

Average operating assets are $110,000 and net operating income is $23,100. The company invests $25,000 in new assets for a project that will increase net operating income by $4,750. What is the return on investment (ROI) of the new project? A) 21% B) 19% C) 18.5% D) 20%

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Accounting Basics: What is the return on investment

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