Consider the following data for three divisions of a company, X, Y, and Z:   Divisional: X Y Z Sales $ 1,416,000 $ 831,000 $ 5,294,000 Operating Income 197,400 102,700 275,600 Investment in assets 380,600 498,600 3,618,400   The return on sales (ROS) for Division X is: (Round your percentages to one decimal place.)

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 9.1E
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Consider the following data for three divisions of a company, X, Y, and Z:

 

Divisional: X Y Z
Sales $ 1,416,000 $ 831,000 $ 5,294,000
Operating Income 197,400 102,700 275,600
Investment in assets 380,600 498,600 3,618,400

 

The return on sales (ROS) for Division X is: (Round your percentages to one decimal place.)

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