Question: Timer Corporation recorded operating data for its Cheap division for the year. Timer requires its return to be 10%. Sales $ 700,000 Controllable margin 80,000

Timer Corporation recorded operating data for its Cheap division for the year. Timer requires its return to be 10%. Sales $ 700,000 Controllable margin 80,000 Total average assets 2,000,000 Fixed costs 50,000 What is the ROI for the year? A) 4% B) 35% C) 6% D) 1.5%

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