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eBook Show Me How Question Content Area Return on Investment The income from operations and the amount of invested assets in each division of Shiner
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Return on Investment
The income from operations and the amount of invested assets in each division of Shiner Industries are as follows:
Income from Operations | Invested Assets | |||
Retail Division | $161,700 | $770,000 | ||
Commercial Division | 186,300 | 810,000 | ||
Internet Division | 123,200 | 770,000 |
a. Compute the return on investment for each division. Round to the nearest whole number.
Division | Percent |
Retail Division | fill in the blank 1% |
Commercial Division | fill in the blank 2% |
Internet Division | fill in the blank 3% |
b. Which division is the most profitable per dollar invested?
Commercial DivisionInternet DivisionRetail Division
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