For 2012, an investment center of Lawson Company reported operating income of $420,000 on total operating assets of $2,600,000. The company has established a target ROI of 14% for the investment center. Last year, the investment center's ROI was 11.9%.
Required:
Calculate the 2012 return on investment for the investment center. Compare its performance for 2012 with both the performance from the previous year and the target ROI.

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The Answer of For 2012, an investment center of Lawson Company reported operating income of $420,000 on total operating assets of $2,600,000. The company has established a target ROI of 14% for the investment center. Last year, the investment center's ROI was 11.9%.
Required:
Calculate the 2012 return on investment for the investment center. Compare its performance for 2012 with both the performance from the previous year and the target ROI.

For 2012, an Investment Center of Lawson Company Reported Operating