Multiple Choice
Division A of Mocha Company has sales of $155,000, cost of goods sold of $83,000, operating expenses of $43,000, and invested assets of $150,000. What is the rate of return on investment for Division A?
A) 19.3%
B) 48.0%
C) 18.7%
D) 5.47%
Correct Answer:
Verified
Correct Answer:
Verified
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