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Dixie Company has the following data for 2011: Division A Division B Sales $400,000 $300,000 Contribution margin 160,000 125,000 Operating income 80,000 30,000 Average operating
Dixie Company has the following data for 2011:
| Division A | Division B | |||
| Sales | $400,000 | $300,000 | ||
| Contribution margin | 160,000 | 125,000 | ||
| Operating income | 80,000 | 30,000 | ||
| Average operating assets | 320,000 | 200,000 | ||
| Cost of capital | 15% | 15% | ||
Dixie Company has a target ROI of 20 percent.
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Edp Auditing A Primer
Authors: Joseph L. Sardinas
1st Edition
0471123056, 978-0471123057
