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Return on investment The operating income and the amount of invested assets in each division of Stewart Industries are as follows: Operating Income Invested
Return on investment The operating income and the amount of invested assets in each division of Stewart Industries are as follows: Operating Income Invested Assets Retail Division $102,000 $510,000 Commercial Division 64,800 360,000 Data Analytics Division 43,500 290,000 a. Compute the return on investment for each division. (Round to the nearest whole percentage.). Division Retail Division Commercial Division Data Analytics Division Percent % % % b. Which division is the most profitable per dollar invested?
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
