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Company reported the following financial numbers for one of its divisions for the year, average total assets of $4,300,000; sales of $4,725,000'; cost of goods
Company reported the following financial numbers for one of its divisions for the year, average total assets of $4,300,000; sales of $4,725,000'; cost of goods sold of $2,750,000; and operating expenses of $1,572,000. Compute the division's return on investment Multiple Choice 0 20.41% 5.07% 9.37% N O 8.53% 14.65%
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