The Electronics Division of Anton Company Reports the Following Results

question 121

Multiple Choice

The Electronics Division of Anton Company reports the following results for the current year: Anton Company has set a target return on investment (ROI) of 11% for the Electronics Division. The Electronic Division's return on investment is:
$$\begin{array} { | l | l r | } \hline \text { Revenues } & \$ & 800,000 \\\hline \text { Operating expenses } & \$ & 720,000 \\\hline \text { Operating income } & \$ & 144,000 \\\hline \text { Operating assets } & \$ & 1,200,000 \\\hline\end{array}$$

• A)11.25%.
• B)12%.
• C)66.7%.
• D)18%.

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