Question
Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $18,000,000 Net operating income $1,224,000 Average operating
Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $18,000,000 Net operating income $1,224,000 Average operating assets $4,340,000 The division's return on investment (ROI) is closest to: (Round your answer to 2 decimal places.) 6.80% 28.20% 24.35% 3.80%
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Management Accounting Principles And Applications
Authors: Hugh Coombs, D Ellis Jenkins, David Hobbs
1st Edition
1412908434, 978-1412908436
