Question
The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from OperationsInvested Assets Retail Division$62,700$330,000Commercial
The income from operations and the amount of invested assets in each division of Beck Industries are as follows:
Income from OperationsInvested AssetsRetail Division$62,700$330,000Commercial Division171,600780,000Internet Division66,700290,000
a.Compute the return on investment for each division. (Round to the nearest whole number.)
DivisionPercentRetail Division%Commercial Division%Internet Division%
b.Which division is the most profitable per dollar invested?
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
