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For its three investment centers, Gerrard Company accumulates the following data: Sales $1,990,000 $3,963,000 $3,955,000 Controllable margin 1,130,680 2,139,480 4,441,480 Average operating assets 4,916,000 7,924,000
For its three investment centers, Gerrard Company accumulates the following data: Sales $1,990,000 $3,963,000 $3,955,000 Controllable margin 1,130,680 2,139,480 4,441,480 Average operating assets 4,916,000 7,924,000 12,004,000 Compute the return on investment (ROI) for each center. The return on investment
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