Question
Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $ 17,950,000 Net operating income $ 1,005,200
Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below:
Sales $ 17,950,000
Net operating income $ 1,005,200
Average operating assets $ 4,890,000
The division's return on investment (ROI) is closest to: (Do not round intermediate calculations.)
a. 16.71%
b. 2.60%
c. 5.60%
d. 20.56%
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Audit And Trace Log Management Consolidation And Analysis
Authors: Phillip Q. Maier, Bennett Rothke
1st Edition
0849327253, 978-0849327254
