Allana recorded operating data for its Xyza division for the year. The company requires its return to be 10%. Sales                                      P500,000 Controllable margin           90,000 Total average assets      300,000 Fixed costs                            30,000 Residual income              50,000 What is the ROI for the year

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter3: Cost-volume-profit Analysis
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Problem 21MC: Macom Manufacturing has total contribution margin of $61,250 and net income of $24,500 for the month...
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Allana recorded operating data for its Xyza division for the year. The company requires its return to be 10%.

Sales                                      P500,000
Controllable margin           90,000
Total average assets      300,000
Fixed costs                            30,000
Residual income              50,000

What is the ROI for the year

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