Blaser Division had $1,040,000 in invested assets, sales of $1,271,000, income from operations of $205,000, and a minimum acceptable return of 13%. The return on investment for Blaser Division is (round the percentage to one decimal place.)

Blaser Division had $1,040,000 in invested assets, sales of $1,271,000, income from operations of $205,000, and a minimum acceptable return of 13%. The return on investment for Blaser Division is (round the percentage to one decimal place.)

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...

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Formula Formula ROI (%) = Net Income Principal Amount × 100

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