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10-12-2022
Business

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Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $5,800,000; sales of $5,375,000; cost of goods sold of $3,225,000; and operating expenses of $1,147,000. compute the division's return on investment.
A. 18.6%
B. 21.1%
C. 17.3%
D. 10.4%
E. 14.7%

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