Question
Exercise 19-21 (Static) Return on Investment; Comparisons of Three Investment Centers (Divisions) [LO 19-1] Required: Fill in the blanks: (Round Return on sales, Asset turnover
Exercise 19-21 (Static) Return on Investment; Comparisons of Three Investment Centers (Divisions) [LO 19-1] Required: Fill in the blanks: (Round "Return on sales", "Asset turnover" and "Return on investment" answers to 2 decimal places.) $ $ Division X Y Z Sales 1,500,000 750,000 Operating income 150,000 75,000 Investment (assets) 600,000 2,500,000 Return on sales % % 0.50 % Asset turnover 1.50 Return on investment % 1.00 % % References Worksheet Exercise 19-21 (Static) Return on Investment; Comparisons of Three Investment Centers (Divisions) [LO 19-1
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