FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
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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