Question
An investment center of Finch Corporation shows an operating income of $7,068 on total operating assets of $57,000. Required Compute the return on investment. Note:
An investment center of Finch Corporation shows an operating income of $7,068 on total operating assets of $57,000.
Required
Compute the return on investment.
Note: Round your percentage answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
