Question
The following information is related to Kew CO.'s Vale Division for last year: Sales $500,000 Variable expenses 300,000 Controllable fixed expenses 50,000 Average operating assets
The following information is related to Kew CO.'s Vale Division for last year:
Sales $500,000
Variable expenses 300,000
Controllable fixed expenses 50,000
Average operating assets 1,000,000
Minimum required rate of return 6%
- ROI?
- RI?
- If sales increased by $50,000, what's the new ROI?
- If sales increased by $50,000, what's the new RI?
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Payroll Accounting 2017
Authors: Jeanette Landin, Paulette Schirmer
3rd edition
1259572188, 1259572180, 1259742512, 9781259742514, 978-1259572180
