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Retail Sales and Wholesale Sales are the only divisions of Terra Company. The following information was gathered for the two divisions for the current year:
Retail Sales and Wholesale Sales are the only divisions of Terra Company. The following information was gathered for the two divisions for the current year: Retail Division Operating income Operating assets $ 6,400,000 $36,400,000 Wholesale Division $ 2,900,000 $16,400.000 The company has $1,400,000 in operating assets that are not assigned to either of the divisions and $240,000 in corporate expenses that are not reflected in the Information above. Based on this information, what is the ROI for the company as a whole? Multiple Choice 17.61% 35.27% 1677% Multiple Choice 17.61% 35.27% 16.72% The answer cannot be determined using the information provided
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