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Safari File Edit View History Bookmarks Window Help # A z ( S % Thu 2:39 PM Lynette Disla C E blackboard.pace.edu PACE UNIVERSITY Lynette Disla My Resource Page Courses Community ePortfolioBookstore Library Help QUESTION 8 10 points Save Answer Ahartz Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales. Net operating income. Average operating assets.. S7,820,000 $445,740 S2,000,000 What is the division's return on investments? O a. a. Correct answer not listed O b. 22.3% Od. 31.3% Oe, 25.6% QUESTION 9 10 points Save Answer The following is the income statement by segments for Jacob Corp a Disla DEC oc.docx 17 3D

Explanation / Answer

Retrun on investment = Net income/ average assets

                                     =445,740/2,000,000

                                     = 22.3%

Option b

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