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SB Division Y of the Mortisen Company produces... [The following information applies to the questions displayed below.] Division Y of the Mortisen Company produces and
SB Division Y of the Mortisen Company produces...
[The following information applies to the questions displayed below.]
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 $530,000; Average capital $5,150,000.
Product B: Operating Income $380,000; Average capital $4,250,000.
MC Qu. 42 What is division Y's ROI for product B...
What is division Y's ROI for product B? (Round your percentage answer to the two decimal places.)
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