Griffin Corp

question 30

Multiple Choice

Griffin Corp. is evaluating its Piquette division an investment center. The division has a $60000 controllable margin and $400000 of sales. How much will Griffin's average operating assets be when its return on investment is 10%?

• A) $600000
• B) $660000
• C) $400000
• D) $340000

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Definitions:

Consumer Products

Products intended for household or family use.

Business Products

Products that are used directly or indirectly in the operation or manufacturing processes of businesses.