Question
Crystal? Company, a manufacturer of office? supplies, provides the following financial? information: Pen Division Pencil Division Operating income $90,000 $50,000 Net sales $400,000 $150,000 Total
Crystal? Company, a manufacturer of office? supplies, provides the following financial? information:
| Pen Division | Pencil Division | ||
| Operating income | $90,000 | $50,000 | |
| Net sales | $400,000 | $150,000 | |
| Total assets at Jan. 1 | $600,000 | $350,000 | |
| Total assets at Dec. 31 | $700,000 | $300,000 |
Calculate the return on investment for the Pencil Division.? (Round your answer to two decimal? places.)
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Introduction To Industrial Energy Efficiency Energy Auditing Energy Management And Policy Issues
Authors: Patrik Thollander, Magnus Karlsson, Patrik Rohdin, Johan Wollin, Jakob Rosenqvist
1st Edition
0128172479, 978-0128172476
