Jones Corp. had the following results for the period just ended;  Sales P 2.0 million  Net Income P 0.5 million;   Capital Investment  P 1.0 million             To arrive at the return on investment, the following should be used: a. ROI = (20/20) X (20/5)   c. ROI = (10/20) X (20/5) b. ROI = (20/10) X (5/20)   d. ROI = (10/20) X (5/20)

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...
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Jones Corp. had the following results for the period just ended;  Sales P 2.0 million  Net Income P 0.5 million;   Capital Investment  P 1.0 million

            To arrive at the return on investment, the following should be used:

a. ROI = (20/20) X (20/5)   c. ROI = (10/20) X (20/5)

b. ROI = (20/10) X (5/20)   d. ROI = (10/20) X (5/20)

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