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The Electronics Division of Apex Company reports the following results for 2014: Revenues $580,000 Operating...

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Accounting

The Electronics Division of Apex Company reports the following results for 2014: Revenues $580,000 Operating expenses $520,000 Operating income $ 60,000 Operating assets $700,000 Apex Company has set a target return on investment (ROI) of 12% for the Electronics Division. The Electronic Division's return on investment is:

answer choices:

11.54%.

8.57%.

12.00%.

10.34%.

Answer & Explanation Solved by verified expert
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