Return on investment The operating income and the amount of invested assets in each division of Conley Industries are as follows:   Operating Income Invested Assets Retail Division $111,600   $620,000   Commercial Division 67,500   450,000   Internet Division 74,800   340,000     a.  Compute the return on investment for each division. (Round to the nearest whole percentage.) Division Percent Retail Division ? Commercial Division ? Internet Division ?

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 10E
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Return on investment

The operating income and the amount of invested assets in each division of Conley Industries are as follows:

  Operating Income Invested Assets
Retail Division $111,600   $620,000  
Commercial Division 67,500   450,000  
Internet Division 74,800   340,000  

 

a.  Compute the return on investment for each division. (Round to the nearest whole percentage.)

Division Percent
Retail Division ?
Commercial Division ?
Internet Division ?

 

 

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