Selected Data from Chering Division's Accounting Records Revealed the Following

question 84

Multiple Choice

Selected data from Chering Division's accounting records revealed the following:
$\begin{array}{lcc}\text { Sales } & \$ 825,000 \\\text { Average investment } & \$ 440,000 \\\text { Net operating income } & \$ 66,000 \\\text { Minimum rate of return (divisional cost of capital) } & 14 \%\end{array}$
Chering Division's return on investment (ROI) is:

• A)6.0%.
• B)8.0%.
• C)14.0%.
• D)15.0%.
• E)20.0%.

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Definitions:

Petals

The often brightly colored parts of a flower, typically surrounding the reproductive organs, and serving to attract pollinators.

Pollinators

Animals that facilitate the transfer of pollen from the male structures of flowers to the female structures, enabling plants to reproduce.

Filament

A slender threadlike object or fiber, especially one found in plants or fungi or as part of the structure of a stamen in a flower.

Stamen

The male part of a flower; consists of a filament and anther.