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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: Wholesale Division $ 3,100,000 $16,600,000 Retail Division $ 6,600,000 $36,600,000 Operating income Operating assets Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole? Multiple Choice O 18.67% O 36.71% O O 18.23% O 18.03%
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