Solved

The Electronics Division of Anton Company Reports the Following Results

Question 33

Multiple Choice

The Electronics Division of Anton Company reports the following results for the current year: Anton Company has set a target return on investment (ROI) of 11% for the Electronics Division. The Electronic Division's margin is:
 Revenues $800,000 Operating expenses $720,000 Operating income $144,000 Operating assets $1,200,000\begin{array} { | l | l r | } \hline \text { Revenues } & \$ & 800,000 \\\hline \text { Operating expenses } & \$ & 720,000 \\\hline \text { Operating income } & \$ & 144,000 \\\hline \text { Operating assets } & \$ & 1,200,000 \\\hline\end{array}


A) 11.25%.
B) 12%.
C) 66.7%.
D) 18%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions