What is the technology division return on investment


Question: The Technology Division of Pillow Company reports the following results for the current year: Revenues $800,000 Operating expenses $720,000 Operating income $144,000 Operating assets $1,200,000 Pillow Company has set a target return on investment (ROI) of 11% for the Technology Division. The Technology Division's return on investment (ROI) is: The Technology Division of Pillow Company reports the following results for the current year: Revenues $800,000 Operating expenses $720,000 Operating income $144,000 Operating assets $1,200,000 Pillow Company has set a target return on investment (ROI) of 11% for the Technology Division. The Technology Division's return on investment (ROI) is: 66.7% 12% 11.25% 8.33%

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Accounting Basics: What is the technology division return on investment
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