Question
Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,910,000 Net operating income $1,199,970 Average operating
| Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: |
| Sales | $17,910,000 |
| Net operating income | $1,199,970 |
| Average operating assets | $4,250,000 |
| The division's return on investment (ROI) is closest to: (Round your answer to 2 decimal places.) |
6.70%
28.23%
24.38%
3.70%
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A Salvation Audit
Authors: Colin Grant
74th Edition
094086634X, 978-0940866348
