Althea Corporation's Perfume Division Has a Segment Margin Is $85,000

question 143

Multiple Choice

Althea Corporation's Perfume division has a segment margin is $85,000 for the current reporting period.Total assets at the beginning of the period were $800,000 and $900,000 at the end of the period.What is the division's ROI?

• A)9.44%
• B)10.00%
• C)10.63%
• D)5.00%

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Definitions:

Labor-Intensive

Describing a process or type of work that requires a large amount of manual labor compared to the amount of capital invested or technology used.

High-Maintenance

Describing something or someone requiring a lot of time, attention, or resources to manage or maintain.

Moderately Labor-Intensive

Describing activities or processes that require a fair amount of human labor to complete.

Labor-Intensive

Describing tasks, processes, or industries that require a large amount of manual work relative to the investment in machinery.