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Question 3

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Use the information below to answer the following question(s) .
Berger Publishing has two divisions which operate autonomously. Their results for the past year were as follows:
Use the information below to answer the following question(s) . Berger Publishing has two divisions which operate autonomously. Their results for the past year were as follows:     The company's desired rate of return is 15%. -During the past year Badger Company had a net income of $175,000. What is the ROI if the investment is $25,000? A)  0.142 B)  2.500 C)  5.140 D)  7.000 E)  5.450
The company's desired rate of return is 15%.
-During the past year Badger Company had a net income of $175,000. What is the ROI if the investment is $25,000?


A) 0.142
B) 2.500
C) 5.140
D) 7.000
E) 5.450

Correct Answer:

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