Thacker Company Has Two Regional Offices What Is the Return on Investment for the Melbourne Division

question 46

Multiple Choice

Thacker Company has two regional offices.The data for each follows:
$$\begin{array} { l r r } & \text { Sydney } & \text { Melbourne } \\\text { Revenues } & \$ 580000 & \$ 596000 \\\text { Operating assets } & 4800000 & 9000000 \\\text { Net operating profit } & 2016000 & 4860000\end{array}$$
What is the return on investment for the Melbourne Division?

• A)0.42
• B)0.54
• C)0.96
• D)4.12

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