Bocken Inc. has sales of $1,000,000. It has average operating assets of $5,000,000. Its return on investment (ROI) is 10%. What is Bocken’s operating income?
$500,000
$250,000
$2,000,000
$5,000,000
Bocken Inc. has sales of $1,000,000. It has average operating assets of $5,000,000. Its return on investment (ROI) is 10%. What is Bocken’s operating income?
$500,000
$250,000
$2,000,000
$5,000,000