Historical-cost and current-cost ROI measures. World of 1 Dollar Ltd. owns and manages three convenience stores. The

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Historical-cost and current-cost ROI measures. World of 1 Dollar Ltd. owns and manages three convenience stores. The following information has been collected for the year 2010: image text in transcribed

REQUIRED 1. Compute the ROI for each store where investment is measured at

(a) historical cost and (b)
current cost.
2. How would you judge the performance of each store?LO1

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Cost Accounting A Managerial Emphasis

ISBN: 9780135004937

5th Canadian Edition

Authors: Charles T. Horngren, Foster George, Srikand M. Datar, Maureen P. Gowing

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Question Posted: Jun 25, 2024 04:00 AM

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Historical-cost and current-cost ROI measures. World of 1 Dollar Ltd. owns and manages three convenience stores. The

Question:

Jane and Rutherford Major Mackenzie and Keele Weston and Langstaff Operating income 28,000 33,000 15,000 Historical cost of investment 50,000 $100,000 30,000 Current cost of investment 120,000 135,000 80,000 Age of store 5 2 4

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Cost Accounting A Managerial Emphasis

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