Question
For its three investment centers, Gerrard Company accumulates the following data: I II III Sales $2,019,000 $3,952,000 $3,943,000 Controllable margin 834,360 2,539,200 4,354,560 Average operating
For its three investment centers, Gerrard Company accumulates the following data:
I II III
Sales $2,019,000 $3,952,000 $3,943,000
Controllable margin 834,360 2,539,200 4,354,560
Average operating assets 4,908,000 7,935,000 12,096,000
Compute the return on investment (ROI) for each center
. I II III
Please help me find the return on investment _____ %_______% ___________
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Management And Cost Accounting
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
7th Edition
1292232668, 978-1292232669
