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Problem - Return on investment - The operating income and the amount of invested assets in each division of Conley Industries are as follows:
Operating Income
Invested Assets
Retail Division
$9,600,000
$40,000,000
Commercial Division
12,100,000
55,000,000
Internet Division
6,480,000
36,000,000
Required -
a. Compute the return on investment for each division.
b. Which division is the most profitable per dollar invested?
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