Holo Company reported the following financial numbers for one of its divisions for the year;...
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Accounting
Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $6,300,000; sales of $6,875,000; cost of goods sold of $3,725,000; and operating expenses of $1,347,000. Compute the division's return on investment:
21.7%.
32.6%.
28.6%.
26.0%.
19.6%.
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