Assume the Electronics Division of Thompson Electronics had the following data from

last year:

Net sale $$200,000$

Operating Income $$40,000$

Average total assets $250,000$

management's target rate of return $10\%$

What is the division's return on investment?

ANSWER

$27\%$

$25\%$

$16\%$

$35\%$

I DON'T KNOWYET