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QUESTION 1 Crystal Company, a manufacturer of office supplies, provides the following financial Information: Pen Division Pencil Division Operating income $80.000 $30,000 Net sales $450,000
QUESTION 1 Crystal Company, a manufacturer of office supplies, provides the following financial Information: Pen Division Pencil Division Operating income $80.000 $30,000 Net sales $450,000 $175,000 Total assets at Jan. 1 $580,000 $350.000 Total assets at Dec 31 $700,000 5275,000 Calculate the return on investment for the Pencil Division. (Round your answer to two decimal places.) 8.57% O 10,91% 12.50% 9.60%
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