Question
(LO 9) Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Center A Investment Center B
(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 $ 500,000 $ 610,600 Investment center average invested assets $ 2,600,000 $ 2,150,000
The return on investment (ROI) for Investment Center B is:
Multiple Choice
- 352.1%
- 28.4%
- 24.6%
- 42.7%
- 23.4%
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Accounting Principles Part 3
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition Volume 1
1118306805, 978-1118306802
