Babak industries is a division of a major corporation. last year the division had total sales of $19,560,000, net operating income of $1,877,760, and average operating assets of $6,000,000. the division's return on investment (roi) is closest to: multiple choice a. 7.3% b. 23.8% c. 31.3% d. 3.0%

Option (C) is correct.

Explanation:

Given that,

Total sales = $19,560,000

Net operating income = $1,877,760

Average operating assets = $6,000,000

Return on Investment (ROI):

= Net operating income ÷ Average operating assets

= ($1,877,760 ÷ $6,000,000) × 100

= 0.31296 × 100

= 31.296% or 31.3%

Therefore, the division's return on investment (ROI) is closest to 31.3%

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whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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