Question
Orchid Company's Mission Division had reported sales of $1,250,000, operating income of $400,000 and average operating assets of $700,000. What was the Mission Division's return
Orchid Company's Mission Division had reported sales of $1,250,000, operating income of $400,000 and average operating assets of $700,000. What was the Mission Division's return on investment (ROl) for the period? Round all amounts to two decimal places.
0 18%
O 57%
0 56%
O 32%
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Managerial Accounting
Authors: Brenda Mallouk
2nd Edition
017640709X, 978-0176407094
