Question: Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%. Sales $1,400,000 Controllable margin 160,000 Total

Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%. Sales $1,400,000 Controllable margin 160,000 Total average assets 4,000,000 Fixed costs 100,000 What is the ROI for the year? a) 4%. b) 35%. c) 6%. d) 1.5%.

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