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Naperville Mercantile is interested in determining its return on investment in its import division. Naperville invested $175,000 in the division which had $158,000 in sales
Naperville Mercantile is interested in determining its return on investment in its import division. Naperville invested $175,000 in the division which had $158,000 in sales in its first year. The operating income associated with the import division was $119,000. What was the return on investment of the import division? 68% 75% 120% 83%
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