(Answered) Problem - the ohio service company a division of a bank

Accounting

Problem - The Ohio Service Company, a division of a bank holding company, provides various services to financial institutions in Columbus. Ohio. Financial information concerning the most recent year appears below:

Sales	$10,000,00
Net operating Income	$3,000,000
Average operating assets	$25,000,000

Ignore the impact of income taxes in your calculation.

Required - Compute the return on investment (ROI) for Ohio Service Company.

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