The electronics division of apex company reports the following results for 2014: revenues $517,000 operating expenses $464,000 operating income $ 53,000 operating assets $630,000 apex company has set a target return on investment (roi) of 11% for the electronics division. the electronic division's return on investment is:

The Electronic division is 8.41% this is below their target return on investment

Explanation:

Revenues 517,000

Expenses 464,000

Operating Income 53,000

Assets  630,000

Return on investment for the electronic division

operating income/ operating assets

53,000/630,000 = 0.084126984 = 8.41%

The company expect to yield 9% per dolalr investment

the electronic division has a yield of 8.41% which is below that.

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.