Multiple Choice
Beall Industries is a division of a major corporation. Last year the division had total sales of $20,160,000, net operating income of $1,592,640, and average operating assets of $8,000,000.
-The division's return on investment (ROI) is closest to:
A) 19.9%
B) 16.6%
C) 1.6%
D) 5.7%
Correct Answer:
Verified
Correct Answer:
Verified
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