Multiple Choice
Wacker 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 2,400,000
What is the Maryland Division's return on investment?
a. 0.42
b. 0.54.
c. 0.96.
d. 4.12.
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