=+3. Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating
Question:
=+3. 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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