# Rate of return on investment

Espinosa Corporation had $220,000 in invested assets, sales of $242,000, income from operations amounting to $48,400. and a desired minimum rate of return of 3%. The rate of return on investment for Espinosa is what %?

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Espinosa Corporation had $220,000 in invested assets, sales of $242,000, income from operations amounting ...

#### Solution Summary

The solution calculates rate of return on investment.

$2.19