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Multiple Choice 10% 9% 12% 13% Division Y of the Mortisen Company produces and sells two products. Each product's operating income and average capital resources
Multiple Choice
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9%
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Division Y of the Mortisen Company produces and sells two products. Each product's operating income and average capital resources are shown below: Product A: Operating Income \$500,000 Average capital $5,000,000 Product B: Operating Income \$350,000 Average capital $4,100,000 What is division Y's ROI for product B? (Round your percentage answer to the nearest whole percent.)Step by Step Solution
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