The Electronics Division of Anton Company reports the following results for the current year: Revenues $ 517,000 Operating expenses $ 464,000 Operating income $ 53,000 Operating assets $ 630,000 Anton Company has set a target return on investment (ROI) of 11% for the Electronics Division. The Electronic Division's return on investment is: 10.25%. 8.41%. 11.42%. 11.00%.
The Electronics Division of Anton Company reports the following results for the current year: Revenues $ 517,000 Operating expenses $ 464,000 Operating income $ 53,000 Operating assets $ 630,000 Anton Company has set a target return on investment (ROI) of 11% for the Electronics Division. The Electronic Division's return on investment is: 10.25%. 8.41%. 11.42%. 11.00%.
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 4BE: Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested...
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The Electronics Division of Anton Company reports the following results for the current year: Revenues $ 517,000 Operating expenses $ 464,000 Operating income $ 53,000 Operating assets $ 630,000 Anton Company has set a target
10.25%.
8.41%.
11.42%.
11.00%.
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