Multiple Choice
Division D of Saunders Company has sales of $350,000, cost of goods sold of $120,000, operating expenses of $58,000, and invested assets of $150,000.
What is the rate of return on investment for Division D?
A) 153.3%
B) 114.7%
C) 87.2%
D) 233%
Correct Answer:
Verified
Correct Answer:
Verified
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