The following information pertains to the Twix Division, which operates as an investment center:
$$\begin{array} { l r }
\text { Sales } & \$ 8,000,000 \
\text { Division income } & \$ 2,000,000 \
\text { Return on } & \
\text { Investment } & 8 \%
\end{array}$$ What were Twix Division's net assets?

Question

The following information pertains to the Twix Division, which operates as an investment center:
$$\begin{array} { l r } 
\text { Sales } & \$ 8,000,000 \
\text { Division income } & \$ 2,000,000 \
\text { Return on } &  \
\text { Investment } & 8 \%
\end{array}$$ What were Twix Division's net assets?

Quizplus · Accepted Answer

The Answer of The following information pertains to the Twix Division, which operates as an investment center:
$$\begin{array} { l r } 
\text { Sales } & \$ 8,000,000 \
\text { Division income } & \$ 2,000,000 \
\text { Return on } &  \
\text { Investment } & 8 \%
\end{array}$$ What were Twix Division's net assets?

The Following Information Pertains to the Twix Division, Which Operates