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Sheffield Corporation recorded operating data for its Waterhole division for the year. Sheffield requires its return to be 9.20%. Sales$493000Controllable margin90000Total average assets300000Fixed costs 29000Residual

Sheffield Corporation recorded operating data for its Waterhole division for the year. Sheffield requires its return to be 9.20%.

Sales$493000Controllable margin90000Total average assets300000Fixed costs

29000Residual income52000

How much is ROI for the year?

10.55%

17.33%

19.69%

30.00%

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