Question
Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,860,000 Net operating income $1,125,180 Average operating
Aide Industries is a division of a major corporation. Data concerning the most recent year appears below:
| Sales | $17,860,000 |
| Net operating income | $1,125,180 |
| Average operating assets | $4,970,000 |
| The division's return on investment (ROI) is closest to: (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
6.30%
18.79%
22.64%
3.30%
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Auditing Information Systems Enhancing Performance Of The Enterprise
Authors: Abraham Nyirongo
1st Edition
1490754997, 9781490754994
