Answered: Bouvous Corporation had the following…

Bouvous Corporation had the following information for 2015: Revenue $400,000 Operating expenses 350,000 Total assets 530,000 What is the return on investment?

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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Question

Bouvous Corporation had the following information for 2015:
Revenue $400,000
Operating expenses 350,000
Total assets 530,000
What is the return on investment?

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