The Electronics Division of Anton Company Reports the Following Results

question 90

Multiple Choice

The Electronics Division of Anton Company reports the following results for the current year: $\begin{array}{|l|lr|}\hline \text { Revenues } & \$ & 800,000 \\\hline \text { Operating expenses } & \$ & 720,000 \\\hline \text { Operating income } & \$ & 144,000 \\\hline \text { Operating assets } & \$ & 1,200,000 \\\hline\end{array}$ Anton Company has set a target return on investment (ROI) of 11% for the Electronics Division.The Electronic Division's return on investment is:

• A) 11.25%.
• B) 12%.
• C) 66.7%.
• D) 18%.

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