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Wellinghouse Industries has established a 10 percent target ROI for its divisions. The following data have been gathered for the lonia Division's operations for the
Wellinghouse Industries has established a 10 percent target ROI for its divisions. The following data have been gathered for the lonia Division's operations for the previous year. Revenues = $30,000,000: Expenses = $28,000,000; Invested capital = $11,200,000 a-1. Calculate the ROI? 3-2. Did the lonia Division meet the ROI target? b. What is the lonla Division's residual income? Complete this question by entering your answers in the tabs below. Reg A1 Reg A2 Reg B Calculate the ROI? (Round percentage to 1 decimal place) ROI % Reg A2 >
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