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Ronaldi Corporation's Port division has a segment margin of $400,000 and net sales revenue of $4,400,000 for the current reporting period.The division has an asset turnover of 1.5.What is the division's ROI?
Repair Shop
A business dedicated to fixing and maintaining vehicles, electronics, or other machinery.
Goods In Bailment
Purchased goods that are in some kind of storage under the control of a third party, such as a warehouseman.
Storage
The action or method of storing goods, data, or information for future use.
Physical Possession
The actual holding or control of property, as opposed to constructive possession which is the legal right to control.
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