The top management at Groundsource Company, a manufacturer of lawn and garden equipment, is attempting to recover from a fire that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:

What is the Digger Division's return on investment?
A) 0.25
B) 0.30
C) 0.34
D) 0.43

Question

The top management at Groundsource Company, a manufacturer of lawn and garden equipment, is attempting to recover from a fire that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:

What is the Digger Division's return on investment?

What is the Digger Division's return on investment?
A) 0.25 
B) 0.30 
C) 0.34 
D) 0.43

Quizplus · Accepted Answer

Net Income / Assets
= $630,000 / $2,100,000 = 0.30

The Top Management at Groundsource Company, a Manufacturer of Lawn