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Carter Company reported the following financial numbers for one of its divisions for the year, average total assets of $4,240,000; sales of $4,665,000; cost of

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Carter Company reported the following financial numbers for one of its divisions for the year, average total assets of $4,240,000; sales of $4,665,000; cost of goods sold of $2,690,000; and operating expenses of $1,512,000. Compute the division's return on investment

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