Dickonson Products is a division of a major corporation. The following data are for the last year of operations:
-The division's return on investment (ROI)is closest to:
A)0.2%
B)41.6%
C)10.0%
D)1.9%

Question

Dickonson Products is a division of a major corporation. The following data are for the last year of operations: 
-The division's return on investment (ROI)is closest to:
A)0.2% 
B)41.6% 
C)10.0% 
D)1.9%

Quizplus · Accepted Answer

ROI = Net operating income F1F1F1S1F1F1F10 Average operating assets
= $399,360 F1F1F1S1F1F1F10 $4,000,000 = 9.984%

Dickonson Products Is a Division of a Major Corporation