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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 $ 7,000,000 $37,000,000 Wholesale Division $ 3,500,000 $17,000,000 Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole? Multiple Choice 20.59% o 18.92% 18.92% 39.51% Multiple Choice 20.59% 18.92% 39.51% 19.44%
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