Refer to the following information. What are the average operating assets for Division B? Sales Net operating income Average operating assets Return on investment Margin Turnover Target ROI O $18,000 O $420,000 O $125,000 Division A Division B ? ? $48,000 $420,000 ? 0.2 2.1 17% $18,000 ? ? 15% 0.015 14% Division C $1,345,000 $82,000 ? ? ? 20% 8%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Refer to the following information. What are the average operating assets for
Division B?
Sales
Net operating income
Average operating assets
Return on investment
Margin
Turnover
Target ROI
$18,000
$420,000
$125,000
$120,000
$1,200,000
Division A Division B Division C
?
?
$48,000
$420,000
?
0.2
2.1
17%
$18,000
?
?
15%
0.015
14%
$1,345,000
$82,000
?
?
?
20%
8%
Transcribed Image Text:Refer to the following information. What are the average operating assets for Division B? Sales Net operating income Average operating assets Return on investment Margin Turnover Target ROI $18,000 $420,000 $125,000 $120,000 $1,200,000 Division A Division B Division C ? ? $48,000 $420,000 ? 0.2 2.1 17% $18,000 ? ? 15% 0.015 14% $1,345,000 $82,000 ? ? ? 20% 8%
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