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 | $66,000 | $300,000 | ||
| Commercial Division | 87,500 | 350,000 | ||
| Internet Division | 75,600 | 420,000 | ||
a. Compute the return on investment for each division. (Round to the nearest whole number.)
| Division | Percent |
| Retail Division | % |
| Commercial Division | % |
| Internet Division | % |
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Accounting Information Systems Controls And Processes
Authors: Leslie Turner, Andrea B. Weickgenannt, Mary Kay Copeland
5th Edition
1119989485, 9781119989486
