The average operating assets for Year 2 were:

A) $1,000,000
B) $1,080,000
C) $1,200,000
D) $1,388,889

Question

The average operating assets for Year 2 were:A) $1,000,000B) $1,080,000C) $1,200,000D) $1,388,889

James Ndubueze · Accepted Answer

Final Answer : A, Explanation :  Year 2 ROI = Year 2 Net operating income ÷ Year 2 Average operating assets36% = $360,000 ÷ Year 2 Average operating assetsYear 2 Average operating assets = $360,000 ÷ 36% = $1,000,000Reference: CH10-Ref7Agustin Industries is a division of a major corporation.Data concerning the most recent year appears below:

The average operating assets for Year 2 were:

A) $1,000,000
B) $1,080,000
C) $1,200,000
D) $1,388,889

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