Althea Corporation's Perfume division has a segment margin is $85,000 for the current reporting period.Total assets at the beginning of the period were $800,000 and $900,000 at the end of the period.What is the division's ROI?
A) 9.44%
B) 10%
C) 10.625%
D) None of these ans choices are correct

Question

Quizplus · Accepted Answer

$85,000 ÷ [$800,000 + $900,000 ÷2] = 10%

Althea Corporation's Perfume Division Has a Segment Margin Is $85,000