Trainor Logistics provides the following information
Operating income $1,500,000
Net sales $13,500,000
Average total assets $2,000,000
Management's target rate of return 25%
What is the company's return on investment? (Round your answer to two decimal places.)
A) 11.11%
B) 14.81%
C) 75.00%
D) 25.00%
C .C) ROI = = = 75.00%
Business