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The data for KubbyCo's Division A is as follows:

Sales $8,500,000
Variable Costs $4,700,000
Total Assets $10,000,000
Fixed Costs $1,900,000
Target ROI 15%
Cost of Capital 8%

What is Division A's actual return on investment?

Accounting Basics, Accounting

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  • Reference No.:- M945928

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