What is the engagement ring? divisions return on investment


Question: Bling Jewelry reported the following results for its Engagement Ring? Division: Sales $ 2 comma 500 comma 000 Operating income $ 300 comma 000 Total assets $ 600 comma 000 Current liabilities $ 800 comma 000 ?Bling's target rate of return is 5?% and the weighted average cost of capital is 8?%. What is the Engagement Ring? Division's Return on Investment? (ROI)? Question content area bottom Part 1 A. 13?% B. 2?% C. 50?% D. 37.5?%

 

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Accounting Basics: What is the engagement ring? divisions return on investment
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