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 $96,800 $440,000 Commercial Division 390,000 97,500 Internet Division 124,200 460,000 a. Compute the return on investment for each division. (Round to the nearest whole percentage.) Division Percent Retail Division Commercial Division Internet Division % b. Which division is the most profitable per dollar invested?

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 $96,800 $440,000 Commercial Division 390,000 97,500 Internet Division 124,200 460,000 a. Compute the return on investment for each division. (Round to the nearest whole percentage.) Division Percent Retail Division Commercial Division Internet Division % b. Which division is the most profitable per dollar invested?

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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