Dacker Products is a division of a major corporation. The following data are for the most...

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Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Ne

The divisions margin used to compute ROI is closest to: Multiple Choice Ο 9.4% Ο 37.5% Ο Ο 34,4% 34.4% Ο Ο 25.0%

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Answer 1

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Answer #1

Return on investment = net operating income / Average operating assets X 100

= $3,558,960 / $9,500,000 X 100

= 37.46%

= 37.5% (after rounding off)

Correct answer is 37.5%

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Answer 2

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