Question
For its three investment centers, Grouper Company accumulates the following data: I II III Sales $1,840,000 $3,680,000 $3,680,000 Controllable margin 1,242,000 1,766,400 3,220,000 Average operating
For its three investment centers, Grouper Company accumulates the following data:
| I | II | III | ||||
|---|---|---|---|---|---|---|
| Sales | $1,840,000 | $3,680,000 | $3,680,000 | |||
| Controllable margin | 1,242,000 | 1,766,400 | 3,220,000 | |||
| Average operating assets | 4,600,000 | 7,360,000 | 9,200,000 |
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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Hospitality Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.
2nd Edition
9780470598092, 470083603, 978-0470083604
