Brief Exercise 22-9

For its three investment centers, Gerrard Company accumulates the following data:

I

II

III

Sales $2,062,000 $3,914,000 $3,905,000

Controllable margin 848,640 2,161,620 4,103,120

Average operating assets 4,992,000 8,006,000 12,068,000

Compute the return on investment (ROI) for each center.

I

II

III

The return on investment

%

Brief Exercise 22-9 For its three investment centers, Gerrard Company accumulates the following data: Sales Controllable margin Average operating assets $2,062,000 $3,914,000 $3,905,000 848,640 2,161,620 4,103,120 4,992,000 8,06,000 12,068,000 Compute the return on investment (ROI) for each center. I1 The return on investment Click if you would like to Show Work for this question: Open Show Work