Retail Sales and Wholesale Sales are the only divisions of Terra Company.The following information was gathered for the two divisions for the current year: The company has $1,200,000 in operating assets that are not assigned to either of the divisions and $500,000 in corporate expenses that are not reflected in the information above.Based on this information,what is the ROI for the company as a whole?
A) 17.7%
B) 16.9%
C) 15.0%
D) The answer cannot be determined using the information provided.
Correct Answer:
Verified
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