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Sea Cruise Equipment Company has several divisions that are investment centers. Data for the Boat Division and the Trailer Division are shown here: Operating

Sea Cruise Equipment Company has several divisions that are investment centers. Data for the Boat Division and the Trailer Division are shown here: Operating income Boat Division Trailer Division $70,000 $42,000 Total assets at Jan. 1 $692,000 $700,000 $233,000 $218,000 Total assets at Dec. 31 With regard to the efficient use of assets, the Boat Division has a higher return on investment (ROI) because it has the highest operating income. True False C

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