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The income from operations and the amount of invested assets in each division of Steele...

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Accounting

The income from operations and the amount of invested assets in each division of Steele Industries are as follows:

INCOME FROM OPERATIONS INVESTED ASSESTS

Retail Division $90,000 $500,000

Commercial division $49,000 350,000

Internet Division 85,000 425,000

a. Compute the rate of return on investment for each division. (Round to the nearest whole number.)

Division Percent
Retail Division: %
Commercial Division: %
Internet Division: %

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