Compute the division return on investment

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Reference no: EM132973558

Problem 1: Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $6,350,000; sales of $7,025,000; cost of goods sold of $3,775,000; and operating expenses of $1,367,000. Compute the division's return on investment:

Multiple Choice

Option 1:
26.80%.

Option 2:
19.5%

Option 3:
29.7%.

Option 4:
22.8%.

Option 5:
27.1%.

Reference no: EM132973558

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