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The Television Division of Electronics Corporation Has the Following Segment

Question 97

Multiple Choice

The Television Division of Electronics Corporation has the following segment information:
 Assets available for use $2,500,00T arget rate of return 12%textResidulincome$300.000\begin{array}{ll}\text { Assets available for use } & \$ 2,500,00 \\\text {T arget rate of return } & 12 \%\\\\text { Residul income } &\$ 300.000\\\end{array}


What was Television Division's return on investment?


A) 12%
B) 10%
C) 24%
D) 20%

Correct Answer:

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