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A manufacturing division has an average assets of $1,800,000 and income of $720,000. The division's return on investment is
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A manufacturing division has an average assets of $1,800,000 and income of $720,000. The division's return on investment is
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Feb 25, 2023
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A manufacturing division has an average assets of $1,800,000 and income of $720,000. The division's return on investment is
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Answer:
40%
Explanation: 720,000/1,800,000 = .4 x 100 = 40%
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