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How much is the return on investment for ivana corporation

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Reference no: EM133007490

The following selected data pertain to the best division of Ivana Corporation for 2000:

Sales P2,000,000
Average invested capital 500,000
Operating income 300,00
Capital turnover 4.0
Imputed interest rate 18%

Problem 1: How much is the return on investment?

A. 15%
B. 60%
C. 33%
D. 18%

Reference no: EM133007490

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