Determining missing items in return on investment computation One item is omitted from each of the following computations of the return on investment: Return on Investment = Profit Margin x Investment Turnover 24 %   = 10 %   x (a)   (b)   = 24 %   x 0.75   12 %   = (c)   x 1.5   16 %   = 20 %   x (d)   (e)   = 15 %   x 2.2

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 12E
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Determining missing items in return on investment computation

One item is omitted from each of the following computations of the return on investment:

Return on Investment = Profit Margin x Investment Turnover
24 %   = 10 %   x (a)  
(b)   = 24 %   x 0.75  
12 %   = (c)   x 1.5  
16 %   = 20 %   x (d)  
(e)   = 15 %   x 2.2  
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