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Blanco Corporation's Cajun Spice Division Has a Segment Margin Is

Question 65

Multiple Choice

Blanco Corporation's Cajun Spice division has a segment margin is $432,500 for the current reporting period.The division has an asset turnover of 1.6.Segment margin as a percentage of sales is 10%.What is the division's ROI?


A) 16%
B) 10%
C) 6%
D) The answer cannot be determined from the information given.

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