QUESTION 36 Questions 36-39 can be answered using the following information regarding Lex Company Lex...
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Accounting
QUESTION 36 Questions 36-39 can be answered using the following information regarding Lex Company Lex Company has two divisions: A and B. The company has a hurdle rate of 9 percent. Selected operating data for the two divisions are as follows: Division A Division B Sal es revenue $1.481,000 $1.039.000 Cost of goods sold 794,000 753,000 Miscellaneous operating expenses 70,000 68,000 Interest and taxes 54.000 47,000 Average invested assets 9,138,000 2,112.000 Compute the return on investment (ROI) for Division A. Oa061696 6.6.16% 16.75% O d..0675% QUESTION 37 Compute the return on investment (ROI) for Division B (Round your answer to two decimal places) a. 1032% b. 10.32% O. 8.10% Od..0810%

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