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ch 24 6 Return on Investment The income from operations and the amount of invested assets in each division of Shiner Industries are as follows:
ch 24 6
Return on Investment The income from operations and the amount of invested assets in each division of Shiner Industries are as follows: Invested Income from Operations Assets Retail Division $112,000 $560,000 820,000 Commercial Division 188,600 Internet Division 139,200 580,000 a. Compute the return on investment for each division. Round to the nearest whole number. Division Percent Retail Division % Commercial Division % Internet Division % b. Which division is the most profitable per dollar invested? Internet DivisionStep by Step Solution
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