Ronaldi Corporation's Port Division Has a Segment Margin of $400,000

question 156

Multiple Choice

Ronaldi Corporation's Port division has a segment margin of $400,000 and net sales revenue of $4,400,000 for the current reporting period.The division has an asset turnover of 1.5.What is the division's ROI?

• A)11%
• B)13.2%
• C)13.6%
• D)The answer cannot be determined from the information given.

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