Could anyone help me on this problem plsssss. The answer is provided at 10.97%, but i dont know how to get that number.
Saba Printing has an average revenue of $154,000 per month. Variable costs are 62% of revenue and fixed costs amount to 43% of variable costs. The company has an investment of $1,910,000. Company’s return on investment amount to?
Saba Printing has an average revenue of $154,000 per month. Variable costs are 62% of revenue and fixed costs amount to 43% of variable costs. The company has an investment of $1,910,000. Company’s return on investment amount to?