The income from operations and the amount of invested assets in each division of Devon Industries are
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The income from operations and the amount of invested assets in each division of Devon Industries are as follows:
(a) Compute the rate of return on investment for each division.(b) Which division is the most profitable per dollarinvested?
Transcribed Image Text:
Income from Operations Invested Assets Sporting Goods Division Health Care Division Commercial Division $80,000 $400,000 260,000 320,000 41,600 70,400
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