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Survey of Accounting (Accounting I)

8th Edition
Carl Warren
ISBN: 9781305961883

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BuyFindarrow_forward

Survey of Accounting (Accounting I)

8th Edition
Carl Warren
ISBN: 9781305961883
Textbook Problem

Return on investment The operating income and the amount of invested assets in each division of Oe Industries are as follows:
a. Compute the return on investment for each division.
b. Which division is the most profitable per dollar invested?

To determine

Concept Introduction:

Return on investment: In this we divide the total return or profit with the investment into the assets of organization. It is the best way of calculating the % of return in the business.

Requirement-1:

To Identify:

Find out the return on investment ratio.

Explanation

By following we calculate the Return on investment:

    YearRetailCommercialInternet
    Investment4000000...
To determine

Concept Introduction:

Return on investment: In this we divide the total return or profit with the investment into the assets of organization. It is the best way of calculating the % of return in the business.

Requirement-2:

To Identify:

Find out the Most Profitable division of the organization?

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