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%
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%
Chapter1: Financial Statements And Business Decisions
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Problem 1Q
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