Figure 1
The following results for the year are for the Clark Division of First Enterprises:
Clark's average operating assets are £300,000. Clark's minimum required rate of return is 15 percent.
-Refer to Figure 1. Return on investment for the Clark Division is
A) 50.0%
B) 40.0%
C) 33.3%
D) 20.0%

Question

Quizplus · Accepted Answer

The Answer of Figure 1
The following results for the year are for the Clark Division of First Enterprises:
Clark's average operating assets are £300,000. Clark's minimum required rate of return is 15 percent.
-Refer to Figure 1. Return on investment for the Clark Division is
A) 50.0%
B) 40.0%
C) 33.3%
D) 20.0%

Figure 1 The Following Results for the Year Are for the Clark