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Business, 01.08.2019 02:20 Triciamorrison

Alpha division had the following information: average operating asset base in alpha division $500,000 operating income in alpha division $60,000 cost of capital 14% target return on investment (roi) 16% margin for alpha division 21% if the asset base is decreased by $120,000, with no other changes, what will alpha division's return on investment be? (note: round answer to two decimal places.) a. 18.50% b. 15.79% c. 10.50% d. 12.55%

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