possible This question: 1 point(s) possible Sea Cruise Equipment Company has several divisions that are investment...
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possible This question: 1 point(s) possible Sea Cruise Equipment Company has several divisions that are investment centers. Data for the Boat Division and the Trailer Division are shown here: Operating income Total assets at Jan. 1 Total assets at Dec. 31 Boat Division $70,000 $692,000 $700,000 Trailer Division $42,000 $233,000 $218,000 With regard to the efficient use of assets, the Boat Division has a higher return on investment (ROI) because it has the highest operating income. O True False possible This question: 1 point(s) possible Sea Cruise Equipment Company has several divisions that are investment centers. Data for the Boat Division and the Trailer Division are shown here: Operating income Total assets at Jan. 1 Total assets at Dec. 31 Boat Division $70,000 $692,000 $700,000 Trailer Division $42,000 $233,000 $218,000 With regard to the efficient use of assets, the Boat Division has a higher return on investment (ROI) because it has the highest operating income. O True False
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