Consider the following data for three divisions of a company, X, Y, and Z:   Divisional: X Y Z Sales $ 1,431,000   $ 942,000   $ 4,792,000   Operating Income   214,300     124,300     230,000   Investment in assets   557,200     596,600     2,587,500       The asset turnover (AT) for Division X is (rounded):

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 10E
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Consider the following data for three divisions of a company, X, Y, and Z:

 

Divisional: X Y Z
Sales $ 1,431,000   $ 942,000   $ 4,792,000  
Operating Income   214,300     124,300     230,000  
Investment in assets   557,200     596,600     2,587,500  
 

 

The asset turnover (AT) for Division X is (rounded):

 

 
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