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Author Question: Stan's Balloon Rides had net sales of 280,611 and the cost of goods sold were 110,900. Operating ... (Read 116 times)

rmenurse

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on: Jun 24, 2018
Stan's Balloon Rides had net sales of 280,611 and the cost of goods sold were 110,900. Operating expenses were 45,315 and owner's equity is 423,600. Calculate the return on investment. (Round to the nearest tenth)
 A) 29.4
  B) 18.8
  C) 24.1
  D) 28.6

Question 2

Convert the decimal to a percent: .0092


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Kaytorgator

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

0.92


rmenurse

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

juliaf

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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