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The following information pertains to the three divisions of Merrymount Company: Sales Net operating income Average operating assets Return on investment Margin Turnover Target ROI
The following information pertains to the three divisions of Merrymount Company: Sales Net operating income Average operating assets Return on investment Margin Turnover Target ROI What are the average operating assets for Division Z? Oa. $555,000 Ob. $625,000 Oc. $477,500 Od. $500,000 Division X Division Y Division Z ? ? $1,250,000 $36,000 $25,000 $75,000 $300,000 ? ? 20% 12% 0.10 0.05 ? 1.5 ? ? 15% 12% 10%
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