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The following information pertains to Quest Co.'s Gold Division for the year just ended: Sales $311,000 Variable costs 250,000 Traceable fixed costs 50,000 Average assets

The following information pertains to Quest Co.'s Gold Division for the year just ended:

Sales

$311,000

Variable costs

250,000

Traceable fixed costs

50,000

Average assets

40,000

Required rate of return

10%

Quest's return on investment is

A.

10.0%

B.

13.3%

C.

27.5%

D.

30.0%

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