Solved: Find out the return on investment, Accounting Basics

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Find out the return on investment

Question: Bartholomew Company's records for Department A provided the following information for last year:

Sales revenue        $3,400,000
Productive assets        118,000
Net operating income    15,340
Total assets                191,750

What is the return on investment if the division manager only utilizes the productive assets?

A) 13.00%
B) 12.00%
C) 10.00%
D) 8.00%

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