Question

Listed below is selected financial information for the Oshakati Division of the Windhoek Ltd for last year.

Amount ........................................    Account (thousands)

Average working capital........................  $ 625

General and administrative expenses ....     75

Net sales..................................................... 4,000

Average plant and equipment ......... 1,775

Cost of goods sold .................................. 3,525

If Windhoek Ltd treats its the Oshakati Division as an investment centre for performance measurement purposes, what is the before-tax return on investment (ROI) for last year?

Select one:


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