FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Performance Eval - Decentralized Ops: The picture contains all the information. Thanks!

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
$77,000
$350,000
Commercial Division
67,200
280,000
Internet Division
70,200
260,000
a. Compute the return on investment for each division. (Round to the nearest whole percentage.)
Division
Percent
Retail Division
%
Commercial Division
%
Internet Division
%
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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 $77,000 $350,000 Commercial Division 67,200 280,000 Internet Division 70,200 260,000 a. Compute the return on investment for each division. (Round to the nearest whole percentage.) Division Percent Retail Division % Commercial Division % Internet Division %
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