(Answered) Question for a recent year loreal reported operating profit

Accounting

Question: For a recent year L'Oreal reported operating profit of €3,110 (in millions) for its Cosmetics division. Total assets were €11,314 at the beginning of the year and €12,988 (in millions) at the end of the year. Compute return on investment for the year. State your answer as a percent, rounded to one decimal.

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