61Huntswell Corporation has two major divisions—Agricultural Products and Industrial Products. Data for the year just finished is as follows: Agriculture Division Industrial Division Sales revenue $140,000 $1,040,000 Operating income $16,400 $220,000 Average assets $300,000 $5,540,000 Target rate of return 4.0% 4.0% For the Agricultural Division, how much was the ROI? A) 5.5% B) 4.5% C) 3.2% D) 5.9%

61Huntswell Corporation has two major divisions—Agricultural Products and Industrial Products. Data for the year just finished is as follows: Agriculture Division Industrial Division ...

61Huntswell Corporation has two major divisions—Agricultural Products and Industrial Products. Data for the year just finished is as follows:

For the Agricultural Division, how much was the ROI?

A) 5.5%

B) 4.5%

C) 3.2%

D) 5.9%

May 15, 2022