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    elenaj's Avatar
    elenaj Posts: 5, Reputation: 1
    New Member
    		  
    #1

    May 4, 2008, 06:01 PM
    check my answer
    Lucky Duck, Inc. had sales of $550,000 and net operating income of $275,000.

    Beginning of the year operating assets were $125,000 and end of the year

    operating assets were $175,000. What asset figure is used to compute the return

    on investment?

    A. $125,000 C. $175,000

    B. $150,000 D. $200,000

    I got 150,000, because it is average of( 125000+175000)/2=150.000 Correct?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    May 5, 2008, 10:20 PM
    Correct.
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