Br company has a contribution margin of 18%. sales are $447,000, net operating income is $80,460, and average operating assets are $133,000. what is the company's return on investment (roi)?

return on investment = 60.50 %

Explanation:

given data

contribution margin = 18%

Sales = $447,000

net operating income = $80,460

average operating assets = $133,000

to find out

company's return on investment (ROI)

solution

we know that return on investment formula that is express as

return on investment =    .........................1

put here value we get

return on investment =

return on investment = 0.604962

return on investment = 60.50 %

answer; i believe that the correct answer is ( owners investment)