Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below:

-The division's return on investment (ROI) is closest to:
A)2.1%
B)29.2%
C)22.6%
D)5.8%

Question

Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below:

-The division's return on investment (ROI) is closest to:
A)2.1% 
B)29.2% 
C)22.6% 
D)5.8%

Quizplus · Accepted Answer

The division's net income is $10 million and its invested capital is $34.2 million. Therefore, the division's ROI is $10 million / $34.2 million = 29.2%.

Aguilera Industries Is a Division of a Major Corporation