The Electronics Division of Anton Company reports the following results for the current year: $$\begin{array} { l c c }
\text { Reveruses } & \$ & 800,000 \
\text { Operating expenses } & \$ & 656,000 \
\text { Operating income } & \$ & 144,000 \
\text { Operating assets } & \$ & 1,200,000
\end{array}$$ Anton Company has set a target return on investment (ROI)of 11% for the Electronics Division.
The Electronic Division's return on investment is:
A) 11.25%.
B) 12%.
C) 66.7%.
D) 18%.

Question

The Electronics Division of Anton Company reports the following results for the current year: $$\begin{array} { l c c } 
\text { Reveruses } & \$ & 800,000 \
\text { Operating expenses } & \$ & 656,000 \
\text { Operating income } & \$ & 144,000 \
\text { Operating assets } & \$ & 1,200,000
\end{array}$$ Anton Company has set a target return on investment (ROI)of 11% for the Electronics Division.
The Electronic Division's return on investment is:
A) 11.25%.
B) 12%.
C) 66.7%.
D) 18%.

Quizplus · Accepted Answer

The Answer of The Electronics Division of Anton Company reports the following results for the current year: $$\begin{array} { l c c } 
\text { Reveruses } & \$ & 800,000 \
\text { Operating expenses } & \$ & 656,000 \
\text { Operating income } & \$ & 144,000 \
\text { Operating assets } & \$ & 1,200,000
\end{array}$$ Anton Company has set a target return on investment (ROI)of 11% for the Electronics Division.
The Electronic Division's return on investment is:
A) 11.25%.
B) 12%.
C) 66.7%.
D) 18%.

The Electronics Division of Anton Company Reports the Following Results