m Return on Investment The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Retail Division Commercial Division Internet Division Division Retail Division Income from Commercial Division Operations $91,200 81,900 126,500 a. Compute the return on investment for each division. (Round to the nearest whole number.) Percent % % Invested Assets $480,000 % 390,000 550,000 Internet Division b. Which division is the most profitable per dollar invested?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Return on Investment
The income from operations and the amount of invested assets in each division of Beck Industries are as follows:
Income from
Operations
Retail Division
Commercial
Division
Internet Division
Division
Retail Division
Commercial Division
$91,200
126,500
a. Compute the return on investment for each division. (Round to the nearest whole number.)
Percent
Internet Division
81,900
%
Invested
Assets
%
$480,000
390,000
550,000
b. Which division is the most profitable per dollar invested?
Transcribed Image Text:Return on Investment The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Retail Division Commercial Division Internet Division Division Retail Division Commercial Division $91,200 126,500 a. Compute the return on investment for each division. (Round to the nearest whole number.) Percent Internet Division 81,900 % Invested Assets % $480,000 390,000 550,000 b. Which division is the most profitable per dollar invested?
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