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The data for an investment center is as follows: January 1, 2022 December 31, 2022 Current Assets $ 421,000 821,000 Plant Assets 3,021,000 3,821,000
The data for an investment center is as follows: January 1, 2022 December 31, 2022 Current Assets $ 421,000 821,000 Plant Assets 3,021,000 3,821,000 The controllable margin is $565,880. Compute the return on investment for the center for 2022. (Round answer to 1 decimal place, e.g. 52.7.) Return on Investment %
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
17th edition
007802577X, 978-0078025778
