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Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Center A Investment Center B Investment center income $ 450,000
Two investment centers at Marshman Corporation have the following current-year income and asset data:
Investment Center A | Investment Center B | |||||
Investment center income | $ | 450,000 | $ | 587,100 | ||
Investment center average invested assets | $ | 2,510,000 | $ | 2,060,000 | ||
The return on investment (ROI) for Investment Center B is:
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