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 | $100,800 | $480,000 | ||
| Commercial Division | 46,800 | 260,000 | ||
| Internet Division | 80,000 | 500,000 | ||
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? Retail Division
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, George Foster, Srikant M. Datar
8th Edition
0131810669, 978-0131810662
