Strategic objectives include those associated with growth in revenues, growth in earnings, higher dividends, larger profit margins, and improved cash flow

A DES key is 40 bits long

Indicate whether the statement is true or false.

Sterling Company's revenues are $300 for the year. Average invested capital for the year is $240. Expenses are currently 70% of revenues. If Sterling Company can reduce its average invested capital by 25%, return on investment will be ________

A) 18.75% B) 50.00% C) 75.00% D) 93.75%