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Determine the division return on investment

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Question 1: Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000; sales of $4,525,000; cost of goods sold of $2,550,000; and operating expenses of $1,372,000. Compute the division's return on investment:

Option A) 30.3%.

Option B) 23.6%.

Option C) 13.3%.

Option D) 10.4%.

Option E) 14.7%.

Reference no: EM132526501

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