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Zims, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer type: Professional and Residential. Assume the following divisional information was
Zims, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer type: Professional and Residential. Assume the following divisional information was available for the past year (in thousands of dollars): (Click the icon to view the information.) Read the requirements. Requirement 1. Calculate each division's ROI. First enter the formula, then calculate each division's ROI using the expanded formula. = ROI i Data Table Sales Residential $ $ 420,000 608,000 Operating Income $ 58,800 $ 152,000 $ $ Total Assets 210,000 380,000 Professional Assume that management has a 25% target rate of return for each division
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