Huntswell Corporation has two major divisions-Agricultural Products and Industrial Products. Data for the year just finished is as follows: For the Industrial Division, how much was the ROI?

Question

Huntswell Corporation has two major divisions-Agricultural Products and Industrial Products. Data for the year just finished is as follows:  For the Industrial Division, how much was the ROI?

Quizplus · Accepted Answer

ROI (Return on Investment) for Industrial Division = Operating Income/Total Assets = ($420,000/$10,500,000) x 100 = 4.0%

Huntswell Corporation Has Two Major Divisions-Agricultural Products and Industrial Products