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Ronaldi Corporation's Port Division Has a Segment Margin of $400,000

Question 156

Multiple Choice

Ronaldi Corporation's Port division has a segment margin of $400,000 and net sales revenue of $4,400,000 for the current reporting period.The division has an asset turnover of 1.5.What is the division's ROI?


A) 11%
B) 13.2%
C) 13.6%
D) The answer cannot be determined from the information given.

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