The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating Income Invested Assets Retail Division $92,400 $440,000 Commercial Division 91,200 480,000 Internet Division 105,000 420,000 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?

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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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
$92,400
$440,000
Commercial Division
91,200
480,000
Internet Division
105,000
420,000
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 $92,400 $440,000 Commercial Division 91,200 480,000 Internet Division 105,000 420,000 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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