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Total divisional assets are 800000 the firms minimum

Question - Use the following information of the Toro division of Hondo Corporation to answer the next question(s):

Revenues $500,000

Variable expenses $250,000

Fixed Expenses $100,000

Total divisional assets are $800,000. The firm's minimum required rate of return is 10%.

Compute the Return on investment for the Toro division?

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Accounting Basics: Total divisional assets are 800000 the firms minimum

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Accounting Basics: Total divisional assets are 800000 the firms minimum

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