FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For its three investment centers, Sarasota Company accumulates the following data: | || III Sales $2,160,000 $4,320,000 $4,320,000 Controllable margin 1,620,000 2,332,800 4,104,000 Average operating

For its three investment centers, Sarasota Company accumulates the following data: | || III Sales $2,160,000 $4,320,000 $4,320,000 Controllable margin 1,620,000 2,332,800 4,104,000 Average operating assets 5,400,000 8,640,000 10,800,000 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_2

Step: 3

blur-text-image_3

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

Financial Management For Non Profit Organizations

Financial Management For Non Profit Organizations

Authors: Hani Bashier

1st Edition

979-8863129877

More Books

Students also viewed these Accounting questions

Question

★★★★★
For about 15 months, Ian has been negotiating a settlement with the IRS concerning a disputed tax deduction. The IRS and Ian have agreed to the amount of prior-year taxes he must pay. Ian asks you...

Answered: 1 week ago

Question

★★★★★
Create your own loan amortization schedule. (You can make any schedule such as auto-loan, mortgage. etc.) Show me your graph with fixed payment, interest, and principal payment. Also, please...

Answered: 1 week ago

Question

★★★★★
Set 10 personal and academic goals that you want to achieve by the end of this year. Prioritize and rate them for difficulty.

Answered: 1 week ago

Question

★★★★★
The following information relates to Tom, a single taxpayer, age 18: Salary $1,800 Interest income 1,600 Itemized deductions 600 a. Compute Toms taxable income assuming he is self-supporting. b....

Answered: 1 week ago

Question

★★★★★
For its three investment centers, Sarasota Company accumulates the following data: | || III Sales $2,160,000 $4,320,000 $4,320,000 Controllable margin 1,620,000 2,332,800 4,104,000 Average operating...

Answered: 1 week ago

Question

★★★★★
Mandalay Ltd. is a company that manufactures fishing equipment and is owned by Managing Director, Joseph Cooper. It began trading two years ago, and has seen sales and profit grow at a good rate over...

Answered: 1 week ago

Question

★★★★★
Overheads allocated, apportioned and re-apportioned to the two production cost centres in a factory for a period were: Production cost centre X Y Budget RM161,820 RM97,110 Actual RM163,190 RM96,330...

Answered: 1 week ago

Question

★★★★★
Pick a famous politician, business leader, or celebrity who has been arrested recently. If you need some ideas, try one of these sites: Celebrity Arrests 2 0 2 1 Links to an external site., Celebrity...

Answered: 1 week ago

Question

★★★★★
Part 3 - More Practice - The tables below showAvery's total utility from purchasing different amounts of toy horses and pickles. Fill in the blanks in the chart then answer the questions below. Toy...

Answered: 1 week ago

Question

★★★★★
Analyze how IT contributes to the economy in your country or region: Analyze how IT impacts the standards of living and the well-being of the citizens. Analyze how IT gives your country a competitive...

Answered: 1 week ago

Question

★★★★★
Suppose you want to make a gauge chart on website traffic. This gauge chart was based on the following data: 1 2 B Website Traffic C D E F G Website Traffic 4 Range 5 Start 0 0.3 6 Weak 0.25 OK 0.3 8...

Answered: 1 week ago

Question

★★★★★
LO6 Define workplace security concerns and discuss some elements of an effective security program.

Answered: 1 week ago

Question

★★★★★
3. Companies are introducing more wellness programs to decrease the costs of health care, especially in light of Patient Protection and Affordable Care Act requirements. Employers are becoming more...

Answered: 1 week ago

Question

★★★★★
1. What can first-line supervisors do to help control workers compensation costs, and how might they be rewarded for doing so?

Answered: 1 week ago

Previous Question Next Question