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QUESTION 5 Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000; sales of $4,525,000;
QUESTION 5 Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000; sales of $4,525,000; cost of goods sold of $2,550,000; and operating expenses of $1,372,000. Compute the division's return on investment: OOO A. 10.4% B. 14.7% C. 30.3% D. 13.3% QUESTION 6 Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000; sales of $4,525,000; cost of goods sold of $2,550,000; and operating expenses of $1,372,000. Assume a target income of 10% of average invested assets. Compute residual income for the division: A. $203.000. B. $193.000 C. $150,500 D. $60,300 QUESTION 7 Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $470,000: sales of $930,000; and income of $ 105,000 The investment center profit margin is: A. 22.3% B. 447.6% C. 50.5% D. 11.3%. QUESTION 8 Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of S470,000; sales of $930,000: and income of $105,000 The investment turnover is: A. 1.98 B. 50.5 C. 447.6 D. 11.3
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