Question
The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail
The income from operations and the amount of invested assets in each division of Beck Industries are as follows:
| Income from Operations | Invested Assets | |||
| Retail Division | $138,000 | $690,000 | ||
| Commercial Division | 122,400 | 680,000 | ||
| Internet Division | 201,600 | 840,000 | ||
a. Compute the return on investment for each division. (Round to the nearest whole number.)
| Division | Percent |
| Retail Division | % |
| Commercial Division | % |
| Internet Division | % |
b. Which division is the most profitable per dollar invested?
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Accounting And Audit With Bank Securities Theory Methodology Practice Improvement Of Accounting And Audit Of Operations With Securities Issued By The Bank
Authors: Viktorija Koval'chuk, Igor' Shhurov
1st Edition
620600032X, 978-6206000327
