Answered: A company's divislon has sales of…

A company's divislon has sales of $6,000,000, Income of $240,000, and average assets of $4,800.000. The division's return on investmera is Multiple Cholce 5%. 80%. 10%. 20%. 4%.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A company's divislon has sales of $6,000,000, Income of $240,000, and average assets of $4,800,000. The division's return on Investment is.
Multiple Cholce
5%.
80%.
10%.
20%.
4%.

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