Question
ts Las Vegas $1,140,000 $4,000,000 Dallas 1,380,000 8,000,000 Tampa 2,220,000 12,000,000 a. Calculate ROI for each profit center and rank them from highest to lowest
| ts | |||
|---|---|---|---|
| Las Vegas | $1,140,000 | $4,000,000 | |
| Dallas | 1,380,000 | 8,000,000 | |
| Tampa | 2,220,000 | 12,000,000 |
a. Calculate ROI for each profit center and rank them from highest to lowest based on ROI.
Round ROI to the nearest whole percentage.
| ROI | Rank | |
|---|---|---|
| Las Vegas | Answer% | Answer123 |
| Dallas | Answer% | Answer123 |
| Tampa | Answer% | Answer123 |
b. Calculate residual income for each profit center based on a desired ROI of 5% and rank them from highest to lowest based on residual income.
| ROI | Rank | |
|---|---|---|
| Las Vegas | $Answer | Answer123 |
| Dallas | Answer | Answer123 |
| Tampa | Answer | Answer123 |
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IT Auditing And Application Controls For Small And Mid Sized Enterprises Revenue Expenditure Inventory Payroll And More
Authors: Jason Wood, William Brown, Harry Howe
1st Edition
1118072618, 9781118072615
