Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Center Income
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Question:
Two investment centers at Marshman Corporation have the following current-year income and asset data:
Investment Center | Income | Average Assets |
---|---|---|
A | $ 465,000 | $ 3,400,000 |
B | 575,000 | 2,450,000 |
The return on investment (ROI) for Investment Center A is:
678.30%
26.10%
13.68%
43.20%
21.10%
Related Book For
Intermediate Accounting
ISBN: 978-1260481952
10th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
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