Question: Timber Tech produces environment-friendly decking material. The following information is available about the status and operations of the Manufacturing Division of Timber Tech, which

Timber Tech produces environment-friendly decking material. The following information is available aboutthe status and operations of the Manufacturing Division of Timber Tech, which

Timber Tech produces environment-friendly decking material. The following information is available about the status and operations of the Manufacturing Division of Timber Tech, which has a hurdle rate (minimum required rate of return) of 6% Divisional identifiable average assets Divisional income from operations Divisional sales revenue $ 412,548 $ 17,924 $ 365,000 a. Compute the ROI for the Manufacturing Division. (Round your answer to 1 decimal place.) Return on Investment %

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