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 | $103,400 | 470,000 | ||
| Commercial Division | 53,200 | 280,000 | ||
| Internet Division | 126,000 | 700,000 | ||
a. Compute the rate of 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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Auditing And Financial Management Marine Corps Logistics System Could Be Drastically Reduced By Greater Reliance On Integrated Managers LCD 74-434
Authors: U. S. Government Accountability Office
1st Edition
1287198090, 978-1287198093
