Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Investment Center A Center B 520,000 $ 630,000 $4,500,000 $3,000,000 Investment center income $ Investment center average invested assets The return on investment (ROI) for Investment Center A is: Multiple Choice 28.30% 23.30 47.60 11.56%

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
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Chapter14: Decentralized Operations
Section: Chapter Questions
Problem 14.5.3P
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Two investment centers at Marshman Corporation have the following current-year income and asset data:
Investment Investment
Center A
Center B
Investment center income
$ 520,000 $
630,000
Investment center average invested assets
$4,500,000 $3,000,000
The return on investment (ROI) for Investment Center A is:
Multiple Choice
28.30%
23.30
47.60
11.56%
Transcribed Image Text:Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Investment Center A Center B Investment center income $ 520,000 $ 630,000 Investment center average invested assets $4,500,000 $3,000,000 The return on investment (ROI) for Investment Center A is: Multiple Choice 28.30% 23.30 47.60 11.56%
The return on investment (ROI) for Investment Center A is:
Multiple Choice
28.30%
23.30
47.60
11.56%
788.30%
Transcribed Image Text:The return on investment (ROI) for Investment Center A is: Multiple Choice 28.30% 23.30 47.60 11.56% 788.30%
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