[The following information applies to the questions displayed below.]
Division Y of the Mortisen Company produces and sells two products.Each product's operating income and average capital resources are shown below:
Product A: Operating Income $500,000;Average capital $5,000,000.
Product B: Operating Income $350,000;Average capital $4,100,000.
-What is division Y's ROI for product A?
A) 12.0%
B) 10.0%
C) 11.0%
D) 12.5%
Correct Answer:
Verified
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