Large company requires an 8 return on its investments


Question - In 2016, Little Division, a segment of Large Company, had income of $144,000, sales of $2,400,000, and average investment of $1,200,000. Large Company requires an 8% return on its investments. Calculate Little's ROI and show the breakdown of ROI into profit margin and investment turnover. (Show work).

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Accounting Basics: Large company requires an 8 return on its investments
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