The income from operations and the amount of invested assets in each division of Shiner Industries are as follows: Income from Invested Assets Retail Division Commercial Division Internet Division Operations $132,000 $600,000 115,000 460,000 90,000 500,000 a. Compute the return on investment for each division. Round to the nearest whole number. Division Retail Division Percent % 90 Commercial Division Internet Division % % b. Which division is the most profitable per dollar invested?

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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The income from operations and the amount of invested assets in each division of Shiner Industries are as follows:
Income from
Invested
Assets
Retail Division
Commercial Division
Internet Division
Operations
$132,000
$600,000
115,000
460,000
90,000
500,000
a. Compute the return on investment for each division. Round to the nearest whole number.
Division
Retail Division
Percent
%
90
Commercial Division
Internet Division
%
%
b. Which division is the most profitable per dollar invested?
Transcribed Image Text:The income from operations and the amount of invested assets in each division of Shiner Industries are as follows: Income from Invested Assets Retail Division Commercial Division Internet Division Operations $132,000 $600,000 115,000 460,000 90,000 500,000 a. Compute the return on investment for each division. Round to the nearest whole number. Division Retail Division Percent % 90 Commercial Division Internet Division % % b. Which division is the most profitable per dollar invested?
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