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The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 9%. Sales Operating
The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 9%. Sales Operating income Total assets Current liabilities $900,000 180,000 $1,800,000 800,000 What is the division's Return on Investment (ROI)? 10.00% 20.00% 88.89% 50.00%
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