The Electronics Division of Anton Company Reports the Following Results

question 82

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 margin is:

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

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Definitions:

Ownership Rights

Legal entitlements associated with possessing property, including the rights to use, rent, sell, or transfer it.

Gift

An item given to someone without the expectation of payment or anything in return.

Mislaid Property

Items that are intentionally placed somewhere by the owner but then forgotten, differentiating from lost or abandoned property.

True Owner

The legitimate or actual owner of an asset or property.