Question
Bryson Ltd specialises in golf equipment and has two divisions (1) the Golf Clubs Division and (2) the Golf Ball Division The following information relates
Bryson Ltd specialises in golf equipment and has two divisions (1) the Golf Clubs Division and (2) the Golf Ball Division
The following information relates to the two divisions:
|
| Golf Clubs Division | Golf Ball Division |
| Sales | $20,000,000 | $12,000,000 |
| Variable Costs | $10,000,000 | $4,800,000 |
| Fixed Costs | $6,000,000 | $2,800,000 |
| Investment | $24,000,000 | $32,000,000 |
Bryson Ltd has a required rate of return of 15%.
Calculate the return on investment (ROI) for each division.
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ISE Introductory Financial Accounting For Business
Authors: Thomas P. Edmonds, Christopher Edmonds
2nd Edition
1260575306, 9781260575309
