Question: Alpha Division s data are as follows: Average operating asset base $ 5 0 0 , 0 0 0 Operating income $ 6 0 ,
Alpha Divisions data are as follows:
Average operating asset base
$
Operating income
$
Cost of capital
Target return on investment ROI
Margin
If the asset base is decreased by $ with no other changes, what will Alpha Division's return on investment beNote: Round the answer to two decimal places.
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