(Answered) Question - bogey co recorded operating data for its cheap

Accounting

Question - Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%. Sales $1,400,000 Controllable margin 160,000 Total average assets 4,000,000 Fixed costs 100,000 What is the ROI for the year?

a) 4%.

b) 35%.

c) 6%.

d) 1.5%.

Please show work. Thank you.

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