Division ABC has $750,000 in average assets and income of $200,000. Division XYZ has $800,000 average assets and income of $210,000. Which of the following statements is true?
Multiple choice question.
Division XYZ has higher income and, therefore, a higher return on investment.
Division ABC has less invested in assets and, therefore, has a lower return on investment.
Division ABC has a higher return on investment.
Division XYZ has a higher return on investment.
