Question
The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating Income Invested Assets Retail Division $66,000
The operating income and the amount of invested assets in each division of Conley Industries are as follows:
| Operating Income | Invested Assets | |||
| Retail Division | $66,000 | $300,000 | ||
| Commercial Division | 84,000 | 350,000 | ||
| Internet Division | 71,400 | 420,000 | ||
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 % |
| Internet Division | fill in the blank 3 % |
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Money And Banking
Authors: Robert E. Wright, Vincenzo Quadrini
1st Edition
0982043082, 9780982043080
