Question: Bovine Corp has two regional offices. The data for each are as follows: Maryland New York $291,000 $303,000 Operating assets $2,700,000 $4,700,000 Net operating

Bovine Corp has two regional offices. The data for each are as follows: Maryland New York Revenues $291,000 $303,000 Operatin
 

Bovine Corp has two regional offices. The data for each are as follows: Maryland New York $291,000 $303,000 Operating assets $2,700,000 $4,700,000 Net operating income $1,000,000 $1,500,000 Revenues What is the return on investment for the New York Division? 6.4% 31.9% 37.0% 25.5%

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