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Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $6,250,000; sales of $6,725,000; cost of
Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $6,250,000; sales of $6,725,000; cost of goods sold of $3,675,000; and operating expenses of $1,327,000. Compute the division's return on investment: |
25.6%.
19.7%
27.6%.
20.7%.
25.0%.
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