Question
Accounting help thx The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations
Accounting help thx
The income from operations and the amount of invested assets in each division of Beck Industries are as follows:
| Income from Operations | Invested Assets | |||
| Retail Division | $126,000 | $700,000 | ||
| Commercial Division | 66,000 | 440,000 | ||
| Internet Division | 163,300 | 710,000 | ||
a. Compute the return on investment for each division. (Round to the nearest whole number.)
| Division | Percent |
| Retail Division | % |
| Commercial Division | % |
| Internet Division | % |
b. Which division is the most profitable per dollar invested?
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The Process Auditing Techniques Guide
Authors: J. P. Russell
1st Edition
0873895959, 978-0873895958
