Retail Sales and Wholesale Sales are the only divisions of Terra Company. The following information...
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Retail Sales and Wholesale Sales are the only divisions of Terra Company. The following information was gathered for the two divisions for the current year: Wholesale Division $4,400,000 $17,900,000 Retail Division $ 7,900,000 $37,900,000 Operating income Operating assets The company has $2,900,000 in operating assets that are not assigned to either of the divisions and $390,000 in corporate expenses that are not reflected in the information above. Based on this information, what is the ROI for the company as a whole? Multiple Choice o o 45.43% o 20 29% o The answer cannot be determined using the information provided
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