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What is the return on investment for the new york division

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Reference no: EM132996750

Problem - Bovine Corp has two regional of?ces. The data for each are as follows:

 

Maryland

New York

Revenues

$291,000

$303,000

Operating assets

$2,700,000

$4,700,000

Net operating income

$1,000,000

$1,500,000

Required - What is the return on investment for the New York Division?

Reference no: EM132996750

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