Question

Cameron Brody wants 15 percent of an average dollar invested in the assets of his bookstore to be returned in profit. Cameron is setting a(n) _____ financial objective.

1) gross margin return on sales
2) return on inventory
3) return on net worth
4) operating profit margin
5) return on assets

Answer 1

Cameron Brody wants 15 percent of the average dollar invested in the assets of his bookstore to be returned in profit, which is a return on assets.

Step-by-step explanation:

The financial objective that Cameron Brody wants is a return on assets. He wants 15 percent of the average dollar invested in the assets of his bookstore to be returned in profit. Return on assets measures how efficiently a company uses its assets to generate profit. In this case, Cameron is focused on earning a return on his investment in the assets of his bookstore.