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Home Q & A Board Other Fields Homework Help Business Accounting
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remy2012 remy2012
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A year ago
ABC Corporation's North Division generates operating income of $100,000 on $900,000 in sales. The company had $400,000 in assets at the beginning of the year and $450,000 at the end of the year. What is the company's return on investment for the year?

▸ 42.5%

▸ 100%

▸ 23.5%

▸ 11.1%
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Managerial Accounting

Managerial Accounting


Edition: 4th
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voltayrevoltayre
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A year ago
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remy2012 Author
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A year ago
Thank you, thank you, thank you!
wyq2651
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Yesterday
Thanks
mkyoungs
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2 hours ago
Good timing, thanks!
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