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The Television Division of Electronics Corporation Has the Following Segment

question 97

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The Television Division of Electronics Corporation has the following segment information:
 Assets available for use $2,500,00T arget rate of return 12%textResidulincome$300.000\begin{array}{ll}\text { Assets available for use } & \$ 2,500,00 \\\text {T arget rate of return } & 12 \%\\\\text { Residul income } &\$ 300.000\\\end{array}


What was Television Division's return on investment?


Definitions:

Scientific Management

A theory of management that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity.

Bureaucratic Organization

A structured and formal organization where rules, hierarchical structure, and detailed procedures guide operations and decision-making.

Classical Management

A theory of management that emphasizes a structured organizational hierarchy, a clear division of labor, and reliance on formal policies and procedures.

Administrative Principles

A set of concepts and practices related to managing and organizing businesses, emphasizing structure, of authority, division of work, and coordination of operations.

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