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 | $135,000 | $750,000 | ||
| Commercial Division | 161,700 | 770,000 | ||
| Internet Division | 32,500 | 250,000 | ||
a. Compute the return on investment for each division. (Round to the nearest whole number.)
| Division | Percent |
| Retail Division | fill in the blank 1 % |
| Commercial Division | fill in the blank 2 % |
| Internet Division | fill in the blank 3 % |
b. Which division is the most profitable per dollar invested?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
