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Return on investment The operating income and the amount of invested assets in each division of Conley Industries are as follows: Retail Division Commercial
Return on investment The operating income and the amount of invested assets in each division of Conley Industries are as follows: Retail Division Commercial Division Internet Division Operating Income $101,200 98,000 120,600 Invested Assets $460,000 490,000 670,000 a. Compute the return on investment for each division. (Round to the nearest whole percentage.) Division Retail Division Commercial Division Internet Division Percent % % % b. Which division is the most profitable per dollar invested?
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