Bouvous Corp Has Two Regional Offices What Is the Return on Investment for the New Jersey

question 132

Multiple Choice

Bouvous Corp has two regional offices.The data for each are as follows: $$\begin{array} { l r r } & \text { Maryland } & \text { New Jersey } \\\text { Revenues } & \$ 290,000 & \$ 300,000 \\\text { Operating assets } & 2,400,000 & 4,500,000 \\\text { Net operating income } & 1,008,000 & 1,500,000\end{array}$$ What is the return on investment for the New Jersey Division?

• A) 21%
• B) 33.33%
• C) 66.67%
• D) 25%