Question
For its three investment centers, Swifty Company accumulates the following data: I II III Sales $2,440,000 $4,880,000 $4,880,000 Controllable margin 1,647,000 2,342,400 4,270,000 Average operating
For its three investment centers, Swifty Company accumulates the following data:
| I | II | III | ||||
|---|---|---|---|---|---|---|
| Sales | $2,440,000 | $4,880,000 | $4,880,000 | |||
| Controllable margin | 1,647,000 | 2,342,400 | 4,270,000 | |||
| Average operating assets | 6,100,000 | 9,760,000 | 12,200,000 |
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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The Social Function Of AccountsReforming Accountancy To Serve Mankind
Authors: John Flower
1st Edition
1138645249, 9781138645240
