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20. Return on Investment (ROI). The segmented income statements presented as follows are for the two divisions of Chang and Associates. (This is the same
20. Return on Investment (ROI). The segmented income statements presented as follows are for the two divisions of Chang and Associates. (This is the same company as the previous exercise. This exercise can be assigned independently.) Assume the East division had average operating assets totaling $2,250,000 for the year, and the West division had average operating assets of $400,000 for the year. Calculate return on investment for each division
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