Two investment centers at Marshman Corporation have the following current-year income and asset data:
Investment Center Income Average Assets
A $ 450,000 $ 3,100,000
B 560,000 2,300,000
The return on investment (ROI) for Investment Center A is:
Multiple Choice
648.30%
25.50%
14.52% Correct
20.50
42.00
Explanation
ROI = $450,000/$3,100,000 = 14.52%
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