Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Required information
[The following information applies to the questions displayed below.]
The following information is provided for each Investment Center.
Investment Center
Cameras
Phones
Computers
Compute return on investment for each investment center. Which center performed the best based on return on investment?
Return on Performance
Investment Based on ROI
Income
$ 5,950,000
2,327,000
950,000
Complete this question by entering your answers in the tabs below.
Average Assets
$ 22,400,000
17,900,000
16,400,000
Investment Center
Compute return on investment for each investment center.
Note: Round your final answer to 1 decimal place.
Cameras
Phones
Computers
Income Average Assets
$ 5,950,000 $ 22,400,000
2,327,000
950,000
17,900,000
16,400,000
< Return on Investment
.
Return on
Investment
%
%
%
Performance Based on ROI >
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Transcribed Image Text:Required information [The following information applies to the questions displayed below.] The following information is provided for each Investment Center. Investment Center Cameras Phones Computers Compute return on investment for each investment center. Which center performed the best based on return on investment? Return on Performance Investment Based on ROI Income $ 5,950,000 2,327,000 950,000 Complete this question by entering your answers in the tabs below. Average Assets $ 22,400,000 17,900,000 16,400,000 Investment Center Compute return on investment for each investment center. Note: Round your final answer to 1 decimal place. Cameras Phones Computers Income Average Assets $ 5,950,000 $ 22,400,000 2,327,000 950,000 17,900,000 16,400,000 < Return on Investment . Return on Investment % % % Performance Based on ROI >
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