Help with accounting questions. The Perez Company had a 12.5% return...
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Help with accounting questions.
The Perez Company had a 12.5% return on a $123,000 investment in new equipment. The investment resulted in increased sales, and the resultant increase in income amounted to 5% of sales. The turnover (asset utilization) was: Multiple Choice 17.5 1. 2.5. 7.5. 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: Terra Company has set a target return on investment (ROI) of 15% for both divisions. Based on ROI, which division appears to have performed better? Multiple Choice Retail division. Wholesale division. The answer cannot be determined using the information provided.. Both divisions have the same results
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