Planet company had operating income of $12,000, average operating assets of $125,000, and sales of $45,000. what is planet's return on investment (roi)? (note: round answer to two decimal places.)

Return on investment can be given by 



Given that the profit is $12,000 and sales is $45,000. Thus, the cost of goods sold is given by $45,000 - $12,000 = $33,000.

Therefore, the return on investment is

2015 they have a perecent