Thacker Company has two regional offices. The data for each is as follows

ACCOUNTING

Multiple Choice

Thacker Company has two regional offices. The data for each is as follows:

Maryland New York

Revenues $ 580,000 $ 596,000

Operating assets 4,800,000 9,000,000

Net operating income 2,016,000 4,860,000


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

a. 0.42.

b. 0.54

c. 0.96

d. 4.12

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