The Following Is Divisional Information for Randolph Enterprises The Target Rate of Return Is 12% for the East

question 96

Essay

The following is divisional information for Randolph Enterprises:
$$\begin{array} { | l | r | r | } \hline & \text { East Division } & { \text { West Division } } \\\hline \text { Operating income } & \$ 250,000 & \$ 200,000 \\\hline \text { Net sales } & 2,225,000 & 1,575,000 \\\hline \text { Total assets at Jan. 1 } & 1,500,000 & 840,000 \\\hline \text { Total assets at Dec . 31 } & 1,200,000 & 1,000,000 \\\hline\end{array}$$ The target rate of return is 12% for the East Division and is 10% for the West Division.
Compute the return on investment for each division.(Round to one decimal place.)

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Definitions:

Morphine

A powerful opioid analgesic drug derived from the opium poppy, used primarily for pain management.

Heroin

An illegal and highly addictive opioid drug derived from morphine, known for its intense euphoric effects and high potential for dependence and abuse.

Euphoria

A feeling or state of intense excitement and happiness.

Invulnerability

The inability to be harmed or affected by external forces or influences.