For its three investment centers, Gerrard Company accumulates the following data: I II III Sales $2,000,000 $4,000,000 $4,000,000 Controllable margin 1,400,000 2,000,000 3,600,000 Average operating assets 5,000,000 8,000,000 10,000,000 Compute the return on investment (ROI) for each center. I II III The return on investment enter percentages % enter percentages % enter percentages %
For its three investment centers, Gerrard Company accumulates the following data: I II III Sales $2,000,000 $4,000,000 $4,000,000 Controllable margin 1,400,000 2,000,000 3,600,000 Average operating assets 5,000,000 8,000,000 10,000,000 Compute the return on investment (ROI) for each center. I II III The return on investment enter percentages % enter percentages % enter percentages %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
For its three investment centers, Gerrard Company accumulates the following data:
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I
|
II
|
III
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||||
|---|---|---|---|---|---|---|
|
Sales
|
$2,000,000 | $4,000,000 | $4,000,000 | |||
|
Controllable margin
|
1,400,000 | 2,000,000 | 3,600,000 | |||
|
Average operating assets
|
5,000,000 | 8,000,000 | 10,000,000 |
Compute the
|
I
|
II
|
III
|
||||
|---|---|---|---|---|---|---|
|
The return on investment
|
enter percentages %
|
enter percentages %
|
enter percentages %
|
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