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Question - Division A of Chacha Company has sales of $140,000, cost of goods sold of $83,000, operating expenses of $43,000, and invested assets of $150,000.

Required - What is the rate of return on investment for Division A?

a.74.6%

b.4.6%

c.9.3%

d.99.3%

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92396964
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