Question

Two investment centers at Marshman Corporation have the following current year income and asset data

Investment Center A 440,000 2,900,000
Investment Center B 550,000 2,200,000
Investment center income
Investment center average invested assets $ $ $
The return on investment (ROI) for Investment Center A is:___________

Answer 1

Answer: 15.17%

Step-by-step explanation:

Based on the information provided in the question, the Return on investment would be calculated as:

= Net income / Average assets

Therefore, The return on investment (ROI) for Investment Center A would be:

= 440000 / 2900000 × 100

= 15.17241%

= 15.17%