Determining missing items in return on investment computation One item is omitted from each of the following computations of the return on investment: Return on Investment = Profit Margin x Investment Turnover 24 % = 10 % x (a) (b) = 24 % x 0.75 12 % = (c) x 1.5 16 % = 20 % x (d) (e) = 15 % x 2.2
Determining missing items in return on investment computation One item is omitted from each of the following computations of the return on investment: Return on Investment = Profit Margin x Investment Turnover 24 % = 10 % x (a) (b) = 24 % x 0.75 12 % = (c) x 1.5 16 % = 20 % x (d) (e) = 15 % x 2.2
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 12E
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Determining missing items in return on investment computation
One item is omitted from each of the following computations of the return on investment:
Return on Investment | = | Profit Margin | x | Investment Turnover | |||
24 % | = | 10 % | x | (a) | |||
(b) | = | 24 % | x | 0.75 | |||
12 % | = | (c) | x | 1.5 | |||
16 % | = | 20 % | x | (d) | |||
(e) | = | 15 % | x | 2.2 |
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