Question
The Electronics Division of Anton Company reports the following results for the current year: Revenues $ 400,000 Operating expenses $ 360,000 Operating income $ 40,000
The Electronics Division of Anton Company reports the following results for the current year:
| Revenues | $ | 400,000 | |
| Operating expenses | $ | 360,000 | |
| Operating income | $ | 40,000 | |
| Operating assets | $ | 500,000 | |
Anton Company has set a target return on investment (ROI) of 12% for the Electronics Division. The Electronic Division's return on investment is:
Multiple Choice
12.00%.
11.11%.
10.00%.
8.00%.
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Cost And Management Audit
Authors: Dr Veena Soni
1st Edition
6202551992, 978-6202551991
