Question
Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Center Income Average Assets A $ 465,000 $ 3,400,000 B
Two investment centers at Marshman Corporation have the following current-year income and asset data:
| Investment Center | Income | Average Assets |
|---|---|---|
| A | $ 465,000 | $ 3,400,000 |
| B | 575,000 | 2,450,000 |
The return on investment (ROI) for Investment Center A is:
678.30%
26.10%
13.68%
43.20%
21.10%
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
10th edition
1260481956, 1260310175, 978-1260481952
