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eBook Show Me How Question Content Area Return on investment The operating income and the amount of invested assets in each division of Stewart Industries
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Question Content Area
Return on investment
The operating income and the amount of invested assets in each division of Stewart Industries are as follows:
| Line Item Description | Operating Income | Invested Assets |
|---|---|---|
| Retail Division | $121,000 | $550,000 |
| Commercial Division | 52,000 | 260,000 |
| Data Analytics Division | 163,800 | 630,000 |
a. Compute the return on investment for each division. (Round to the nearest whole percentage.)
| Division | Percent |
|---|---|
| Retail Division | fill in the blank 1 % |
| Commercial Division | fill in the blank 2 % |
| Data Analytics Division | fill in the blank 3 % |
b. Which division is the most profitable per dollar invested?
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Sawyers Internal Auditing Enhancing And Protecting Organizational Value
Authors: The Internal Audit Foundation
7th Edition
1634540522, 9781634540520
