The following is divisional information for Randolph Enterprises:
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. )
Definitions:
Price
The amount of money expected, required, or given in payment for something, reflecting its value, cost of production, and market demand.
Produced
The act of creating, manufacturing, or bringing into existence goods and services.
Consumer Surplus
The disparity between what consumers are prepared and can afford to spend on a product or service compared to the actual amount they end up paying.
Tariff
A tax imposed on imported goods to protect domestic industries or to generate revenue.
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