Question
For its three investment centers, Bridgeport Company accumulates the following data: I II III Sales $ 1,720,000 $ 3,440,000 $ 3,440,000 Controllable margin 1,247,000 1,788,800
For its three investment centers, Bridgeport Company accumulates the following data:
| I | II | III | ||||
|---|---|---|---|---|---|---|
| Sales | $ 1,720,000 | $ 3,440,000 | $ 3,440,000 | |||
| Controllable margin | 1,247,000 | 1,788,800 | 3,182,000 | |||
| Average operating assets | 4,300,000 | 6,880,000 | 8,600,000 |
Compute the return on investment (ROI) for each center.
| I | II | III | ||||
|---|---|---|---|---|---|---|
| The return on investment | enter percentages % | enter percentages % | enter percentages % |
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
8th Edition
9781118139424, 9781118139431, 470635290, 1118139429, 1118139437, 978-0470635292
