What is the return on investment for the past year

Assignment Help Managerial Accounting

Reference no: EM132694146

The M Division recorded operating data as follows for the past year:

Sales P 200,000

Net operating income 25,000

Average operating assets 100,000

Gross profit 75,000

Stockholders' equity 80,000

Residual Income 13,000

Problem 1: What is the return on investment for the past year?

Reference no: EM132694146

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