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Reference: 12-02
the Following Data Are Available for the South

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Reference: 12-02
The following data are available for the South Division of Redride Products, Inc. and the single product it makes:  Unit selling price $20 Variable cost per unit $12 Annual fixed costs $280,000 Average operating assets $1,500,000\begin{array} { | l | l | } \hline \text { Unit selling price } & \$ 20 \\\hline \text { Variable cost per unit } & \$ 12 \\\hline \text { Annual fixed costs } & \$ 280,000 \\\hline \text { Average operating assets } & \$ 1,500,000 \\\hline\end{array}
-A company's return on investment is the:


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