Use the Following Information of the Toro Division of Hondo

question 8

Multiple Choice

Use the following information of the Toro division of Hondo Corporation to answer the next question(s) :
Total divisional assets are $800,000. The firm's minimum required rate of return is 10%.
-Return on investment for the Toro division is

• A) 5.34%.
• B) 10%.
• C) 12.5%.
• D) 18.75%.