Describe three roles that are played by a management accountant in environmental management accounting

Outline four cost that should be reported in an environmental cost report

Ace ltd has two divisions namely Bee and Cee each under a divisional manager. The two divisions plan to acquire some investments in the month of August 2020

Additional information:

1. The cost of capital for both divisions is 13%
2. The current return on investment of each division is 15%
3. The divisions planned investment have the following features:

Bee:

Cee:

Capital required for investment (Sh.)

800,000 Bee

400,000 Cee

Revenue generated by investment (Sh.)

450,000 Bee

210,000 Cee

Net profit margin (%)

30 Bee

35 Cee

Required:

For each of the two divisions Compute:

1. Return on Investment
2. Residual Income