Question: Concord Corporation reported operating data for its Sandtrap division for the year. Concord requires its return to be 9%. Sales $1500000 Controllable margin 220000 Total

Concord Corporation reported operating data for its Sandtrap division for the

Concord Corporation reported operating data for its Sandtrap division for the year. Concord requires its return to be 9%. Sales $1500000 Controllable margin 220000 Total average assets 1100000 Fixed costs 60000 How much is ROI for the year? 20% O 5% O 13% O 15%

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