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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 $ 500,000
Two investment centers at Marshman Corporation have the following current-year income and asset data:
| Investment Center A | Investment Center B | |||||
| Investment center income | $ | 500,000 | $ | 610,600 | ||
| Investment center average invested assets | $ | 2,600,000 | $ | 2,150,000 | ||
The return on investment (ROI) for Investment Center B is:
Multiple Choice
28.4%
42.7%
24.6%
352.1%
23.4%
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Cost Accounting A Managerial Emphasis
Authors: Charles T Horngren
6th Edition
0131795082, 978-0131795082
