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Compute the return on investment for the toro division

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Question - Use the following information of the Toro division of Hondo Corporation to answer the next question(s):

Revenues $500,000

Variable expenses $250,000

Fixed Expenses $100,000

Total divisional assets are $800,000. The firm's minimum required rate of return is 10%.

Compute the Return on investment for the Toro division?

Reference no: EM131643741

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