Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year: Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole?
$$\begin{array} { | l | l | l r | }
\hline & { \text { Retail Division } } & { \text { Wholesale Division } } \
\hline \text { Operating income } & \$ 2,500,000 & \$ 6,000,000 \
\hline \text { Operating assets } & \$ 16,000,000 & \$ 36,000,000 \
\hline
\end{array}$$
A)15.7%
B)16.3%
C)16.6%
D)32.3%

Question

Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year: Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole?
$$\begin{array} { | l | l  | l r | } 
\hline &  { \text { Retail Division } } &  { \text { Wholesale Division } } \
\hline \text { Operating income } & \$  2,500,000 & \$  6,000,000 \
\hline \text { Operating assets } & \$  16,000,000 & \$  36,000,000 \
\hline
\end{array}$$
A)15.7%
B)16.3%
C)16.6%
D)32.3%

Quizplus · Accepted Answer

The Answer of Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year: Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole?
$$\begin{array} { | l | l  | l r | } 
\hline &  { \text { Retail Division } } &  { \text { Wholesale Division } } \
\hline \text { Operating income } & \$  2,500,000 & \$  6,000,000 \
\hline \text { Operating assets } & \$  16,000,000 & \$  36,000,000 \
\hline
\end{array}$$
A)15.7%
B)16.3%
C)16.6%
D)32.3%

Terra Company Has Two Divisions, the Retail Division and the Wholesale