If Division C has a 10% return on sales, income of $10,000, and an investment turnover of 4 times, its ROI is * 100%. 40%. 5000%. O 10%.

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...
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If Division C has a 10% return on sales, income of $10,000, and an
investment turnover of 4 times, its ROI is *
100%.
40%.
5000%.
10%.
Transcribed Image Text:If Division C has a 10% return on sales, income of $10,000, and an investment turnover of 4 times, its ROI is * 100%. 40%. 5000%. 10%.
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