nutzhutzskutz7238 nutzhutzskutz7238

05-08-2020
Business

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A manufacturing division has an average of $1,800,000 invested in assets and earned income of $720,000. The division's return on investment is

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sebastiansierraocm sebastiansierraocm

13-08-2020

Answer:

ROI = 0.4

Explanation:

To find the answer, we use the following formula:

Return on Investment = Profit / Investment

Now, we simply plug the amounts into the formula:

Return on Investment = $720,000 / $1,800,000

= 0.4

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