Two investment centers at Marshman Corporation have the following current-year income and asset data:
Investment Center Income Average Assets
A $ 420,000 $ 2,440,000
B 537,300 1,990,000
The return on investment (ROI) for Investment Center B is:
Multiple Choice
27.0% Correct
370.4%
21.6%
39.2%
26.1%
Explanation
ROI = $537,300/$1,990,000 = 27.0%
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