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Student Name Student Number 1 3 . What is the purpose of determining return on investment? a ) to assess a company's controllable margin b
Student Name
Student Number
What is the purpose of determining return on investment?
a to assess a company's controllable margin
b to determine which costs are controllable
c to assess performance of an investment centre
d to determine profitability of a profit centre
How can management improve the return on investment?
a by buying more plant assets
b by reducing inventory levels
c by reducing sales
d by increasing expenses
For which of the following is a profit centre manager responsible?
a invested assets, sales, and costs
b sales, profits, and invested assets
c sales, invested assets, and assets
d revenues and costs
CinRich Corporation recorded operating data for its Waterhole division for the year. CinRich requires its return to be
tableSales$
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