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Flamengo Co. is a sporting goods manufacturing company. The performance numbers of the Soccer Division are as follow: Soccer Division Sales ? Average operating assets
Flamengo Co. is a sporting goods manufacturing company. The performance numbers of the Soccer Division are as follow: Soccer Division Sales ? Average operating assets ? Net operating income 30,000 Return on investment 2% Turnover Margin. ? 0.4% Target ROI 2.5% By analyzing the Division's ROI, was the performance good? O No, the ROI was lower than expected Yes, the ROI was as expected Yes, the ROI was lower than expected Yes, the ROI was higher than expected No, the ROI was higher than expected
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