Question
Return on investment The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations
Return on investment
The income from operations and the amount of invested assets in each division of Beck Industries are as follows:
| Income from Operations | Invested Assets | |||
| Retail Division | $152,000 | $760,000 | ||
| Commercial Division | 127,800 | 710,000 | ||
| Internet Division | 132,500 | 530,000 | ||
a. Compute the return on investment for each division. (Round to the nearest whole number.)
| Division | Percent |
| Retail Division | % |
| Commercial Division | % |
| Internet Division | % |
b. Which division is the most profitable per dollar invested?
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Forensic Accounting And Financial Statement Fraud Forensic Accounting Performance
Authors: Zabihollah Rezaee
1st Edition
1949991075, 978-1949991079
