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If National Co. treats the AB Division as an investment center for performance measurement purposes, what is the before-tax ROI for last year?     22.54% 16.67% 19.79% 34.78%

If National Co. treats the AB Division as an investment center for performance measurement purposes, what is the before-tax ROI for last year?     22.54% 16.67% 19.79% 34.78%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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If National Co. treats the AB Division as an investment center for performance measurement purposes, what is the before-tax ROI for last year?
 
 
22.54%
16.67%
19.79%
34.78%
Listed below is selected financial information for the AB Division of National Co. for last year. Average working capital General and admin expenses Net sales Average plant and equipment Cost of goods sold P625,000 75,000 4,000,000 1,775,000 3,525,000
Transcribed Image Text:Listed below is selected financial information for the AB Division of National Co. for last year. Average working capital General and admin expenses Net sales Average plant and equipment Cost of goods sold P625,000 75,000 4,000,000 1,775,000 3,525,000
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