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A manufacturing division has an average assets of $1,800,000 and income of $720,000. The division's return on investment is

A manufacturing division has an average assets of $1,800,000 and income of $720,000. The division's return on investment is
asked 163k views
11 votes
A manufacturing division has an average assets of $1,800,000 and income of $720,000. The division's return on investment is

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User George Burrows
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7.6k points

1 Answer

13 votes

Answer:

40%

Explanation: 720,000/1,800,000 = .4 x 100 = 40%

answered
User Thotep
by
8.9k points
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