The operating income and the amount of invested assets in each division of Otte Industries are as

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The operating income and the amount of invested assets in each division of Otte Industries are as follows:

a. Compute the return on investment for each division.

b. Which division is the most profitable per dollar invested?

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Survey of Accounting

ISBN: 978-1305961883

8th edition

Authors: Carl S. Warren

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Question Posted: Feb 16, 2017 09:37 AM

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The operating income and the amount of invested assets in each division of Otte Industries are as

Question:

Operating Income Invested Assets Retail Division Commercial Division Internet Division 8,000,000 12,750,000 270,000 $40,000,000 5,000,000 1,800,000

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