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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

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Student Number
13. 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
14. 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
15. 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
16. CinRich Corporation recorded operating data for its Waterhole division for the year. CinRich requires its return to be 9%.
\table[[Sales,$500,000
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