Question
A division in XYZ Co. had the following financial data for 2019: sales $500,000, average operating assets $200,000, margin (or profit margin) 4%, minimum required
A division in XYZ Co. had the following financial data for 2019: sales $500,000, average operating assets $200,000, margin (or profit margin) 4%, minimum required rate of return 8%. What was the return on investment for the division? A. 12%. B. 16%. C. 20%. D. 10%.
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Process Driven Comprehensive Auditing A New Way To Conduct ISO 9001 2008 Internal Audits
Authors: Paul C. Palmes
2nd Edition
0873897544, 978-0873897549
