Consider the following data (in millions) from Trident Financial Incorporated, which has two main divisions, mortgage...
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Consider the following data (in millions) from Trident Financial Incorporated, which has two main divisions, mortgage loans and consumer loans: Average total assets Operating income Return on investment (ROI) Required: 1. Based on ROI, which division is more successful? Mortgage loans O Consumer loans i Mortgage Loans Consumer Loans $ 2,100 5441 21.00% $ 19,750 $2,370 12.00% Consider the following data (in millions) from Trident Financial Incorporated, which has two main divisions, mortgage loans and consumer loans: Average total assets Operating income Return on investment (ROI) Required: 1. Based on ROI, which division is more successful? Mortgage loans O Consumer loans i Mortgage Loans Consumer Loans $ 2,100 5441 21.00% $ 19,750 $2,370 12.00%
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