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Hi friend! I'm having such a struggle with finding the ROI. I hope you can figure out and find the correct answer! Please let me
Hi friend! I'm having such a struggle with finding the ROI. I hope you can figure out and find the correct answer! Please let me know if you're able to find a solution! Will thumbs-up if correct, thanks ya!
Compute the expected ROI in 2022 for the Home Division, assuming the following independent changes to actual data. (Round ROI to 2 decimal places, e.g. 1.57\%.) Pronghorn Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each division is an investment center. Operating data for the Home Division for the year ended December 31,2022 , and relevant budget data are as follows. Average operating assets for the year for the Home Division were $2,000,000, which was also the budgeted amount. ActualBudget \begin{tabular}{|l|l|l|} \hline 171,000 & 171,0001 & 0 \\ \hline \end{tabular}Step by Step Solution
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