The operating income and the amount of invested assets in each division of Conley Industries are as follows: Retail Division Commercial Division Internet Division Operating Income $97,200 91,200 79,300 Invested Assets $540,000 570,000 610,000 a. Compute the return on investment for each division. (Round to the nearest whole percentage.) Division Retail Division Commercial Division Internet Division Percent % % % b. Which division is the most profitable per dollar invested? Retail Division

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 operating income and the amount of invested assets in each division of Conley Industries are as follows:
Retail Division
Commercial Division
Internet Division
Operating Income
$97,200
91,200
79,300
Invested Assets
$540,000
570,000
610,000
a. Compute the return on investment for each division. (Round to the nearest whole percentage.)
Division
Retail Division
Commercial Division
Internet Division
Percent
%
%
%
b. Which division is the most profitable per dollar invested?
Retail Division
Transcribed Image Text:The operating income and the amount of invested assets in each division of Conley Industries are as follows: Retail Division Commercial Division Internet Division Operating Income $97,200 91,200 79,300 Invested Assets $540,000 570,000 610,000 a. Compute the return on investment for each division. (Round to the nearest whole percentage.) Division Retail Division Commercial Division Internet Division Percent % % % b. Which division is the most profitable per dollar invested? Retail Division
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