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 %
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 %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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