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Bouvous Corp has two regional offices. The data for each are as follows: Bouvous Corp dataMarylandNew JerseyRevenues$291,000$303,000Operating assets$2,700,000$4,700,000Net operating income$1,000,000$1,500,000 What is the return on
Bouvous Corp has two regional offices. The data for each are as follows:
Bouvous Corp dataMarylandNew JerseyRevenues$291,000$303,000Operating assets$2,700,000$4,700,000Net operating income$1,000,000$1,500,000 What is the return on investment for the New Jersey Division?
Group of answer choices
6.4%
31.9%
37.0%
25.5%
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