Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses

Question:

Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of $30,000, and invested assets of $600,000. What is the rate of return on investment for Division A?

A. 20% C. 33%

B. 25% D. 40%

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