An investment center has income of $13,500,000 and average assets of $60,000,000. Return on investment is

 An investment center has income of $13,500,000 and average assets of $60,000,000. Return on investment is:

Multiple Choice

71.0%.


34.3%.


29.0%.


77.5%.


22.5%. Correct

Explanation
Return on investment = $13,500,000/$60,000,000 = 22.5%