Question
The operating income and the amount of invested assets in each division of Stewart Industries are as follows: Line Item Description Operating Income Invested Assets
The operating income and the amount of invested assets in each division of Stewart Industries are as follows:
| Line Item Description | Operating Income | Invested Assets |
|---|---|---|
| Retail Division | $43,200 | $240,000 |
| Commercial Division | 102,000 | 680,000 |
| Data Analytics Division | 109,200 | 840,000 |
a. Compute the return on investment for each division. (Round to the nearest whole percentage.)
| Division | Percent |
|---|---|
| Retail Division | fill in the blank 1 % |
| Commercial Division | fill in the blank 2 % |
| Data Analytics Division | fill in the blank 3 % |
b. Which division is the most profitable per dollar invested?
Commercial DivisionData Analytics DivisionRetail Division
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Financial Accounting Introduction To Concepts Methods And Uses
Authors: Clyde P. Stickney, Roman L. Weil
11th Edition
0324222971, 978-0324222975
