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Scribe Company,a Manufacturer of Writing Instruments,provides the Following Financial Information

question 144

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Scribe Company,a manufacturer of writing instruments,provides the following financial information:  Pen Division  Pencil Division  Operating income $100,000$40,000 Net sales $450,000$200,000 Total assets at Jan. 1 $560,000$255,000 Total assets at Dec . 31 $600,000$275,000\begin{array} { | l | r | r | } \hline & \text { Pen Division } & \text { Pencil Division } \\\hline \text { Operating income } & \$ 100,000 & \$ 40,000 \\\hline \text { Net sales } & \$ 450,000 & \$ 200,000 \\\hline \text { Total assets at Jan. 1 } & \$ 560,000 & \$ 255,000 \\\hline \text { Total assets at Dec . 31 } & \$ 600,000 & \$ 275,000 \\\hline\end{array} Calculate the return on investment for the Pencil Division.(Round your answer to two decimal places.)

Comprehend the relationship between national debt and GDP.
Evaluate how government deficits affect intergenerational standard of living.
Understanding the significance of opportunity costs and how they impact project evaluation.
Recognizing the importance of accurately estimating project cash flows and the challenges involved.

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