The following information was available for a company that had two different investment centers. 12 Investment Center A Investment Center B $ 125,670 $ 875,000 $ 112,590 $ 950,000 Net Income Total Assets - beginning of year Total Assets - end of year Sales $ 925,000 $ 1,200,000 $ 975,000 $ 1,100,000 What is the profit margin for Investment Center B? Multiple Choice 11.42%. 10.47% 9.76%. 10.24% 9.38%. The following information was available for a company that had two different investment centers. 13 Investment Center A Investment Center B $ 535,000 $ 4,600,000 $ 645,000 $ 2,900,000 Net Income Total Assets - beginning of year Total Assets - end of year Sales $ 5,000,000 $ 8,000,000 $ 3,400,000 $ 9,000,000 What is the investment turnover for Investment Center A? Multiple Choice 2.86. 1.88. o 1.67. O 2.54. o 1.95. Regardless of the system used in departmental cost analysis: 00 Multiple Choice Direct costs are allocated, indirect costs are not. Indirect costs are allocated, direct costs are not. Both direct and indirect costs are allocated. Neither direct nor indirect costs are allocated. Total departmental costs will always be the same. An accounting system that is set up to control costs and evaluate managers' performance by assigning costs to the managers responsible for controlling them is called a(n): 2. Multiple Choice Cost accounting system. O Managerial accounting system. Financial accounting system. O Activity-based accounting system. Responsibility accounting system, What type of costs/expenses is most relevant for evaluating segment managers? 4 Multiple Choice Indirect. Overhead allocations. Uncontrollable. Controllable. Direct. 15 A company reported the following financial information for one of its divisions: profit margin 25%; investment turnover 1.6; residual income $ 475,000. Management has a hurdle rate of 10% on all investments. What is the company's ROI? Multiple Choice 52.00% 64.00% 68.00% O O 40.00% 47.00%