Answered: Exercise 9-7A Return on investment An…

Exercise 9-7A Return on investment An investment center of Aguilar Corporation shows an operating income of $7,500 on total operating assets of $60,000. Required Compute the return on investment.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

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Exercise 9-7A Return on investment
An investment center of Aguilar Corporation shows an operating income of $7,500 on total
operating assets of $60,000.
Required
Compute the return on investment.

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