The paper division of a company had operating income of $158. The paper division had invested capital
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Question:
The paper division of a company had operating income of $158. The paper division had invested capital of $1,343 at the end of the current year and $1,219 at the end of the prior year.
What is the paper division's ROI for the current year?
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0176530884
2nd Canadian edition
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
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