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Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year:
Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year: Operating income Operating assets Retail Division $ 6,200,000 $36,200,000 Wholesale Division $ 2,700,000 $16,200,000 Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole? Multiple Choice 17.13% 33.79% 16.98% 16.67%
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