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What is parry company roi for the year

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Reference no: EM132974499

The Parry Company provided the following information regarding its operations:

2017Total assets$5,700,000

2018Total assets$6,200,000

2017Net operating income$88,200

2018Net operating income$93,200

2017Net sales$2,875,000

2018Net sales$3,450,000

Problem 1: What is Parry's ROI for the year ending 2018? (Round your answer to 2 decimal places.)

Multiple Choice

Option 1: 2.95%
Option 2: 2.79%
Option 3: 1.57%
Option 4: 1.48%

Reference no: EM132974499

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