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Bouvous Corp Has Two Regional Offices What Is the Return on Investment for the New Jersey

Question 132

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Bouvous Corp has two regional offices.The data for each are as follows:  Maryland  New Jersey  Revenues $290,000$300,000 Operating assets 2,400,0004,500,000 Net operating income 1,008,0001,500,000\begin{array} { l r r } & \text { Maryland } & \text { New Jersey } \\\text { Revenues } & \$ 290,000 & \$ 300,000 \\\text { Operating assets } & 2,400,000 & 4,500,000 \\\text { Net operating income } & 1,008,000 & 1,500,000\end{array} What is the return on investment for the New Jersey Division?


A) 21%
B) 33.33%
C) 66.67%
D) 25%

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