During the past year croissant had sales of 1200000 and


Question - Croissant Division of Pastry Corporation has invested capital of $1,600,000. During the past year, Croissant had sales of $1,200,000 and earned $400,000. What is Croissant's return on investment?

20%

25%

33%

300%

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Accounting Basics: During the past year croissant had sales of 1200000 and
Reference No:- TGS02593586

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