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 $96,800 $440,000 Commercial Division 390,000 97,500 Internet Division 124,200 460,000 a. Compute the return on investment for each division. (Round to the nearest whole percentage.) Division Percent Retail Division Commercial Division 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

B. Commercial Division, Internet Division, Retail Division

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
$96,800
$440,000
Commercial Division
390,000
97,500
Internet Division
124,200
460,000
a. Compute the return on investment for each division. (Round to the nearest whole
percentage.)
Division
Percent
Retail Division
Commercial Division
Internet Division
%
b. Which division is the most profitable per dollar invested?
Transcribed Image Text: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 $96,800 $440,000 Commercial Division 390,000 97,500 Internet Division 124,200 460,000 a. Compute the return on investment for each division. (Round to the nearest whole percentage.) Division Percent Retail Division Commercial Division Internet Division % b. Which division is the most profitable per dollar invested?
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