FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Final EXa Consider the following data for three divisions of a company, X, Y, and Z: Divisional: X Y Z Sales $ 2200951 $ 1063443

image text in transcribed
Final EXa Consider the following data for three divisions of a company, X, Y, and Z: Divisional: X Y Z Sales $ 2200951 $ 1063443 $ 3074512 Operating Income 219778 138957 232940 Investment in assets 694342 502699 3452047 What is the return on investment (ROI) for Division X? Instructions: Display your answer rounded to the nearest two decimals. For example, if the answer was 11.5% you would enter 0. 1.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Financial Accounting

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

11th Edition

1119594596, 978-1119594598

More Books

Students also viewed these Accounting questions

Question

★★★★★
Map out the sales process associated with the different products/services and the roles of current sales and service personnel in the process.

Answered: 1 week ago

Question

★★★★★
Pauline's Pottery has always used the direct write-off method to account for uncollectibles. The company's revenues, bad debt write-offs, and year-end receivables for the most recent year follow: The...

Answered: 1 week ago

Question

★★★★★
In the article Lower Lateral Cartilage Repositioning Objective Analysis Using 3- Dimensional Imaging published in JAMA Facial Plastic Surgery (Bared, et al., 2014), the authors reported the results...

Answered: 1 week ago

Question

★★★★★
The U. S. Department of Transportation requires tire manufacturers to provide tire performance information on the sidewall of a tire to better inform prospective customers as they make purchasing...

Answered: 1 week ago

Question

★★★★★
A physician and president of a Tampa Health Maintenance Organization (HMO) are attempting to show the benefits of managed health care to an insurance company. The physician believes that certain...

Answered: 1 week ago

Question

★★★★★
c. Compute a rough DuPont analysis for 2017 of the operating segments (i.e., profit/revenues, revenues/total assets , and return on assets as the product of the profit and turnover ratios). Round...

Answered: 1 week ago

Question

★★★★★
1- Please look over the last problem for the week. Duffy Corporation has prepared the following sales budget: Month Cash Sales Credit Sales May $16,000 $68,000 June 20,000 80,000 July 18,000 74,000...

Answered: 1 week ago

Question

★★★★★
You are assigned the role of security manager. The Director of Operations, thinks this is a good opportunity to train all the facilities management staff in key elements of security. Recommending a...

Answered: 1 week ago

Question

★★★★★
Provide an outline of the steps for the change management and configuration management processes of the new server as well as the website that needs to be updated and hosted. This information should...

Answered: 1 week ago

Question

★★★★★
At the end of Year o Jarrett Corp. developed the following forecasts of net income: Forecasted Year Net Income Year 1 $20,856 Year 2 $22,733 Year 3 $24,552 Year 4 $27,252 Year 5 $29,978 Management...

Answered: 1 week ago

Question

★★★★★
write a Business Memo The cafeteria at the college is a private company and is raising the price of the food. As a cafeteria manager, you must tell all your employees in your organization, the...

Answered: 1 week ago

Question

★★★★★
Twitter is a social media organisation originating from the United States of America (USA). Twitter was created in March 2006 and offers a platform that allows users to share short messages with...

Answered: 1 week ago

Question

★★★★★
2. In this chapter, the reader should reflect on the following concepts: benchmark-ing, competence development, thought dispositions, identity and perception.

Answered: 1 week ago

Question

★★★★★
Is it necessary to change something in your everyday life in order for you to achieve the goal?

Answered: 1 week ago

Question

★★★★★
What comments do you get from the outside world in the imagined future when you have achieved what you wanted?

Answered: 1 week ago

Previous Question Next Question