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The Eastern Division of Seinfeld Co. has current revenues of $280,000 and current expenses of $160,000. The Eastern Division's invested assets amount to $800,000. Seinfeld
The Eastern Division of Seinfeld Co. has current revenues of $280,000 and current expenses of $160,000. The Eastern Division's invested assets amount to $800,000. Seinfeld Co.'s required rate of return is 12%. What is Eastern Division's current return on investment (ROI)? 35%15%20%4.2%
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