What is the return on investment for the New Jersey Division?
Bouvous Corp has two regional offices. The data for each are as follows:
Maryland New Jersey
Revenues $ 290,000 $ 300,000
Operating assets 2,400,000 4,500,000
Net operating income 1,008,000 1,500,000
A) 21%
B) 33.33%
C) 66.67%
D) 25%
Answer: B
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