Triumph Division of Traveling Fantasies,is evaluated based on residual income generated.In the most recent year,the Triumph Division generated a residual income of $2,000,000 and net income of $5,000,000.The target rate of return for all divisions of Traveling Fantasies is 20%.What was the return on investment for the Triumph Division?
A)40%
B)13%
C)20%
D)33%

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The Answer of Triumph Division of Traveling Fantasies,is evaluated based on residual income generated.In the most recent year,the Triumph Division generated a residual income of $2,000,000 and net income of $5,000,000.The target rate of return for all divisions of Traveling Fantasies is 20%.What was the return on investment for the Triumph Division?
A)40%
B)13%
C)20%
D)33%

Triumph Division of Traveling Fantasies,is Evaluated Based on Residual Income