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What is Parrys ROI for the year ending

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Reference no: EM132531099

Question - The Parry Company provided the following information regarding its operations:

2017 Total assets $4,200,000

2018 Total assets $4,700,000

2017 Net operating income $86,700

2018 Net operating income $91,700

2017 Net sales $2,125,000

2018 Net sales $2,700,000

Required - What is Parry's ROI for the year ending 2018?

a. 3.80%

b. 3.59%

c. 2.06%

d. 1.95%

Reference no: EM132531099

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