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APPLY THE CONCEPTS: Calculating return on investment The divisional income statements for three divisions of the Silver Company are shown Silver Company Divisional Income Statements
APPLY THE CONCEPTS: Calculating return on investment The divisional income statements for three divisions of the Silver Company are shown Silver Company Divisional Income Statements For the Year Ending December 31, 20Y8 Division A Division B $960,000 (564,500) (675,000) (170,000) Division C $900,000 Sales Revenue Operating expenses Operating income before service department charges $395,500 Service department charges Operating income Additional financial data from the three divisions of the Silver Company are shown $320,000 $225,000 $150,000 (70,000) $80,000 (275,500)(135,000) $120,000 $90,000 Division A Division B Division C Invested assets $1,000,000o $600,000 $400,000 Calculate the return on investment for each division. If required, round the ROI to the nearest hundredth of a percent (for example, 16.943% would be rounded to 16.94%) Division A Division B Division C Return on investment 12 | V % 15 | V % 201 %
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