Question
The operating income and the amount of invested assets in each division of Otte Industries are as follows: Operating Income Invested Assets Retail Division $104,400
The operating income and the amount of invested assets in each division of Otte Industries are as follows:
| Operating Income | Invested Assets | ||
| Retail Division | $104,400 | $580,000 | |
| Commercial Division | 102,000 | 680,000 | |
| Internet Division | 83,200 | 640,000 |
a. Compute the return on investment for each division.
| 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?
Commercial DivisionInternet DivisionRetail Division
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Will You Be My Internal Audit Manager
Authors: Benito Gross
1st Edition
B09774C8CK, 979-8521636563
