Astin Ltd. requires all of its divisions to maintain a return on investment (ROI) of...
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Accounting
Astin Ltd. requires all of its divisions to maintain a return on investment (ROI) of at least 25 per cent. Over the past several years, one of Astins divisions has consistently had the following information:
Sales
$2 000 000
Net operating income
$600 000
In order to achieve the companys ROI goals, this division should do which of the following?
Group of answer choices
Maintain average operating assets of $2 400 000 or less.
Maintain average operating assets of $825 000 or less.
Maintain average operating assets of $825 000 or more.
Maintain average operating assets of $2 400 000 or more.
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