Question - Compute the return on investment (ROI) of each division, using total assets at gross book value as the investment base.
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U.S. Division
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European Division
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Operating Profit
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$6,000,000
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$4,000,000
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Total Assets (at gross acquisition cost)
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24,000,000
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40,000,000
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Total Assets (net of accumulated depreciation)
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16,000,000
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16,000,000
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