Figure 1 The Following Results for the Year Are for the Clark

question 55

Multiple Choice

Figure 1
The following results for the year are for the Clark Division of First Enterprises:
Clark's average operating assets are £300,000. Clark's minimum required rate of return is 15 percent.
-Refer to Figure 1. Return on investment for the Clark Division is

• A) 50.0%
• B) 40.0%
• C) 33.3%
• D) 20.0%

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