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The following information pertains to the three divisions of Vince Company: Sales Net operating income Average operating assets (Invested assets) Return on investment Profit Margin
The following information pertains to the three divisions of Vince Company: Sales Net operating income Average operating assets (Invested assets) Return on investment Profit Margin Investment Turnover Target ROI Division A Division B Division C ? ? 1,345,000 48,000 18,000 82,000 420,000 ? ? ? 15% 20% 0.2 0.015 ? 2.1 ? ? 17% 14% 8% 1. What is ROI for Division A? 2. What are the sales for Division B? 3. What are the average operating assets for Division B? 4. What is the investment turnover for Division B? 5. What are the average operating assets for Division C? 6. What is the profit margin for Division C? 7. What is the investment turnover for Division C
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