The Electronics Division of Anton Company reports the following results for the current year: Revenues $ 445,000 Operating expenses $ 400,000 Operating income $ 45,000 Operating assets $ 550,000
The Electronics Division of Anton Company reports the following results for the current year: Revenues $ 445,000 Operating expenses $ 400,000 Operating income $ 45,000 Operating assets $ 550,000
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 4BE: Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested...
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Question
The Electronics Division of Anton Company reports the following results for the current year:
Revenues | $ | 445,000 | |
Operating expenses | $ | 400,000 | |
Operating income | $ | 45,000 | |
Operating assets | $ | 550,000 | |
Anton Company has set a target
Multiple Choice
11.25%.
8.18%.
10.11%.
12.00%.
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