Asked by Alexander Hernandez on May 10, 2024
Verified
The division's return on investment (ROI) is closest to:
A) 6.3%
B) 2.7%
C) 35.1%
D) 160.1%
Division
A distinct part of a larger company or organization that operates semi-independently, focusing on a specific set of products, services, or market segment.
- Gain insights into the methodology and relevance of Return on Investment (ROI).
Verified Answer
LE
Linda Elsie Audrey AdoubeMay 12, 2024
Final Answer :
C
Explanation :
ROI = Net operating income ÷ Average operating assets
= $2,808,960 ÷ $8,000,000 = 35.11%
= $2,808,960 ÷ $8,000,000 = 35.11%
Learning Objectives
- Gain insights into the methodology and relevance of Return on Investment (ROI).
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