Ncube Gaming Systems generated operating income of $400,000 on $3,200,000 in sales. The company had $1,800,000 in assets on January 1 and $2,200,000 in assets on December 31. What was the company’s...

Ncube Gaming Systems generated operating income of $400,000 on $3,200,000 in sales. The company had $1,800,000 in assets on January 1 and $2,200,000 in assets on December 31. What was the company’s return on investment for the year?

a. 12.5%


b. 18.2%


c. 20.0%


d. 22.2%




May 26, 2022
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