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The operating income and the amount of invested assets in each division of Conley Industries are as follows: Division Operating Income Invested Assets Retail Division
The operating income and the amount of invested assets in each division of Conley Industries are as follows:
Division | Operating Income | Invested Assets |
Retail Division | $ 9,600,000 | $40,000,000 |
Commercial Division | 12,100,000 | 5,000,000 |
Internet Division | 6,480,000 | 36,000,000 |
A. Compute the return on investment for each division.
B. Which division is the most profitable per dollar invested?
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