Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 14, 2024

For its three investment centers, Gerrard Company accumulates the following data: Sales Controllable margirn Average operating assets $2,016,000 $4,043,000 $4,021,000 1,179,600 ,529,600 4,460,720 4,915,000 7,905,000

image text in transcribed

For its three investment centers, Gerrard Company accumulates the following data: Sales Controllable margirn Average operating assets $2,016,000 $4,043,000 $4,021,000 1,179,600 ,529,600 4,460,720 4,915,000 7,905,000 12,056,000 Compute the return on investment (ROI) for each center. The return on investment

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

Step: 3

blur-text-image

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

Aubrey Wilsons Marketing Audit Check Lists A Guide To Effective Marketing Resource Realization

Aubrey Wilsons Marketing Audit Check Lists A Guide To Effective Marketing Resource Realization

Authors: Aubrey Wilson

1st Edition

0070845743, 978-0070845749

More Books

Students also viewed these Accounting questions

Question

★★★★★

What percent of visible light is reflected from plain glass? Assume your answer refers to transmission through each surface, front and back. How does the presence of multiple lenses in a good camera...

Answered: 1 week ago

Question

★★★★★

According to a recent Population Survey, selfemployed individuals in a country work an average of 55 hours per week, with a standard deviation of 18. If this variable is approximately normally...

Answered: 1 week ago

Question

★★★★★

Family of the Vinka : a) Rubiaceae b) Solanaceae c) Apocyanaceae d) Erythroxylaceae

Answered: 1 week ago

Question

★★★★★

Sandy Chen owns a small specialty store, named Chens Chattel, whose year-end is June 30. Determine the total amount that should be included in Chens Chattels year-end inventory. A physical inventory...

Answered: 1 week ago

Question

★★★★★

Tony has recently qualified as an Approved Driving Instructor (ADI), and can now choose to work in one of a number of different ways. The two options that have initially attracted him are to take out...

Answered: 1 week ago

Question

★★★★★

real i rate A S B Dm Quantity of Money Looking at this graph of the money market how might we move from point A to point B O a The Federal Reserve could hold an open market operation and buy bonds b...

Answered: 1 week ago

Question

★★★★★

Pick and product/service and trace the supply chain requirements from source to consumer. Consider the following: 1. Identify the ingredients: Find out where they are sourced. 2. Show physical...

Answered: 1 week ago

Question

★★★★★

A physician chooses to create different revenue accounts for physical examinations, office visits, and office surgical procedures. What advantage does this have over creating a combined revenue...

Answered: 1 week ago

Question

★★★★★

A FI has a $100 million portfolio of six-year Eurodollar bonds that have an 8 percent coupon. The bonds are trading at par and have a duration of five years. The FI wishes to hedge the portfolio with...

Answered: 1 week ago

Question

★★★★★

AstraZeneca is a British-Swedish multinational pharmaceutical and biotechnology company with its headquarters at the Cambridge Biomedical Campus in Cambridge, England. It wants to manufacture...

Answered: 1 week ago

Question

★★★★★

CS Publishing inc: Foreign exchange rate risk management case study Why is CS Pub changing its business model? what are pros and cons of making these changes?

Answered: 1 week ago

Question

★★★★★

3. Evaluate your listeners and tailor your speech to them

Answered: 1 week ago

Question

★★★★★

4. Locate a persuasive speech that you found particularly compelling. Print it out and edit it, removing any and all of the material that you feel is persuasive in nature (for example, the speakers...

Answered: 1 week ago

Question

★★★★★

3. Informative speeches are everywherein your classroom, on the news, and in your community. Watch an informative speech (or read a transcript, available at the Web sites of many government agencies...

Answered: 1 week ago

Previous Question Next Question