=+EX 24-13 Profit margin, investment turnover, and rate of return on investment obj. 4 a. ROI,
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=+EX 24-13 Profit margin, investment turnover, and rate of return on investment obj. 4
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a. ROI, 15%
Chapter 24 Performance Evaluation for Decentralized Operations 1117
a. Using the DuPont formula for rate of return on investment, determine the profit margin, investment turnover, and rate of return on investment of the International Division, assuming that $2,000,000 of assets have been invested in the International Division.
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