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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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 return on investment (ROI) of 12% for the Electronics Division. The Electronic Division's return on investment is:

Multiple Choice

11.25%.

8.18%.

10.11%.

12.00%.

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