Question
Presented here is selected information for three regional divisions of Sheffield Company. Divisions North West South Contribution margin $299,100 $499,600 $401,000 Controllable margin $139,500 $360,000
Presented here is selected information for three regional divisions of Sheffield Company.
| Divisions | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| North | West | South | |||||||
| Contribution margin | $299,100 | $499,600 | $401,000 | ||||||
| Controllable margin | $139,500 | $360,000 | $210,000 | ||||||
| Average operating assets | $930,000 | $1,440,000 | $1,400,000 | ||||||
| Minimum rate of return | 11 | % | 14 | % | 8 | % | |||
(a)
Compute the return on investment for each division.
| North Division | enter percentages | % | |
|---|---|---|---|
| West Division | enter percentages | % | |
| South Division | enter percentages | % |
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Finance And Accounting For Business
Authors: Bob Ryan
1st Edition
9781861529930
