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Beta Division had the following information: Asset base in Beta Division $400,000 Net income in Beta Division $500,000 Weighted average cost of capital 12% What

Beta Division had the following information: Asset base in Beta Division $400,000 Net income in Beta Division $500,000 Weighted average cost of capital 12% What is the return on investment of Beta Division? a. 20.0% b. 12.5% c. 62.5% d. 800.0%

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