Multiple Choice
Bob's Bait Shop wants to calculate a division's return on investment.The profit from the division equals $10,000.The equity found in the division equals $ 50,000.This division has assets equal to $35,000.Calculate the return the division is generating.
A) 143 %
B) 70 %
C) 29 %
D) 20 %
Correct Answer:
Verified
Correct Answer:
Verified
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