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Astin Ltd. requires all of its divisions to maintain a return on investment (ROI) of at least 25 per cent. Over the past several years,
Astin Ltd. requires all of its divisions to maintain a return on investment (ROI) of at least 25 per cent. Over the past several years, one of Astins divisions has consistently had the following information:
Sales | $2 000 000 |
Net operating income | $600 000 |
In order to achieve the companys ROI goals, this division should do which of the following?
Group of answer choices
Maintain average operating assets of $2 400 000 or less.
Maintain average operating assets of $825 000 or less.
Maintain average operating assets of $825 000 or more.
Maintain average operating assets of $2 400 000 or more.
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