Question 1
An owner invested $2 million in a restaurant. In the restaurant's first year of operation, it degenerated $300,000 in profits. What was the owner's ROI in the first year of this restaurant operation?
◦ 1.5%
◦ 6%
◦ 15%
◦ 60%
Question 2
How many days are in a fiscal year accounting period that is not a leap year?
◦ 360 days
◦ 365 days
◦ 12 (X) 30 days
◦ 13 (X) 28 days