The investment center


For 2012, an investment center of Lawson Company reported operating income of $420,000 on total operating assets of $2,600,000. The company has established a target ROI of 14% for the investment center. Last year, the investment center's ROI was 11.9%.

Required: Calculate the 2012 return on investment for the investment center.

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Accounting Basics: The investment center
Reference No:- TGS0717502

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