Question
(LO 9) Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Center A Investment Center B Investment center income
(LO 9) Two investment centers at Marshman Corporation have the following current-year income and asset data:
| Investment Center A | Investment Center B | |||||
| Investment center income | $ | 450,000 | $ | 558,900 | ||
| Investment center average invested assets | $ | 2,520,000 | $ | 2,070,000 | ||
The return on investment (ROI) for Investment Center B is:
Multiple Choice
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370.4%
-
27.0%
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24.2%
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40.0%
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22.0%
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Computer Accounting With QuickBooks Pro 2010
Authors: Donna UlmerDonna Kay
12th Edition
0077408756, 9780077408756
