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ID: 2501188 • Letter: 9
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96% Thu 2:35 PM a E Preview File Edit View Go Tools Window Help blackboard pace edu Isabella Georgopoulos O PACE UNIVERSITY My Resource Page Courses Community ePortfolio Bookstore Library Help c. $7,900 d. -$7,900 PM e. Correct answer not listed 10 points save Answer QUESTION 9 Ahartz Industries is a division of a major corporation. Data concerning the most recent year appears below HD $7,820,000 Sales $445,740 Net operating income Average operating assets S2,000,000 ho 00 PM What is the division's return on investments? a. 31.3% Shot Ob. 5.7% 31 AM c. Correct answer no listed d. 22.3% ho e. 25.6% 53 PM Click Save and Submit to save and submit. Click Save AllAnswers to save all answers. Save All Answers Save and Submit ho 59 PMExplanation / Answer
Answer No. (d)
Return on Investment = Net Operating Income / Average Operating Assets *100
=(445740 /2000000)*100
=22.287
=22.3%( Rounded off)
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