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Presented below is information related to the Nighthawk Division of Lumber, Inc. Contribution margin $1,211,900 Controllable margin $895,180 Average operating assets $4,069,000 Minimum rate of
Presented below is information related to the Nighthawk Division of Lumber, Inc.
| Contribution margin | $1,211,900 | ||
| Controllable margin | $895,180 | ||
| Average operating assets | $4,069,000 | ||
| Minimum rate of return | 18 | % |
Compute the Nighthawk Divisions return on investment.
Group of answer choices
A: 22%
B: 28%
C:18%
D: 12%
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Accounting For Management Control
Authors: Emmanuel
2nd Edition
186152272X, 978-1861522726
