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Two Investment Centers at Marshman Corporation Have the Following Current-Year

Question 186

Multiple Choice

Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Center B
 Investment  Center A  Investment  Center B  Investment center income $415,000$525,000 Investment center average inv ested assets $2,400,000$1,950,000\begin{array} { | l | r | r | } \hline & \begin{array} { r } \text { Investment } \\\text { Center A }\end{array} & \begin{array} { r } \text { Investment } \\\text { Center B }\end{array} \\\hline \text { Investment center income } & \$ 415,000 & \$ 525,000 \\\hline \text { Investment center average inv ested assets } & \$ 2,400,000 & \$ 1,950,000 \\\hline\end{array}
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The return on investment (ROI) for Investment Center A is:


A) 24.1%
B) 19.1%
C) 39.2%
D) 17.3%
E) 578.3%

Correct Answer:

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