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Here are some data concerning two divisions of BB Inc: Walt and Jesse: Division Walt Jesse Turnover 500 000 $ 600 000 $ Average operating

Here are some data concerning two divisions of BB Inc: Walt and Jesse:

Division

Walt

Jesse

Turnover

500 000 $

600 000 $

Average operating assets

100 000

200 000

Net Income

15 000

40 000

Minimum rate of return

10 %

Work to be done:

1. Calculate the ROI rate for each division. (2 pts)

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