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The following information is available for the Western Division at Deed Corporation for the most recently completed period: Revenue $311,000 Variable costs $250,000 Fixed costs
The following information is available for the Western Division at Deed Corporation for the most recently completed period:
Revenue $311,000
Variable costs $250,000
Fixed costs $50,000
Average invested capital $110,000
Required rate of return 10%
What is Deeds ROI for its investment in the Western Division?
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