Question: Marigold Corp. recorded operating data for its Cheap division for the year as follows Sales $1900000 Controllable margin 250000 Total average assets 5000000 Fixed costs
Marigold Corp. recorded operating data for its Cheap division for the year as follows Sales $1900000 Controllable margin 250000 Total average assets 5000000 Fixed costs 100000 Marigold requires its return to be 10%, What is the ROI for the year? O 38% O 5% O 16% O 8%
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