Dickonson Products is a division of a major corporation. The following data are

Question

Dickonson Products is a division of a major corporation. The following data are for the last year of operations:

3. The division's margin is closest to:
A. 26.4%
B. 10.0%
C. 2.4%
D. 24.0%

5. The division's return on investment (ROI) is closest to:
A. 0.2%
B. 41.6%
C. 10.0%
D. 1.9%

2. Which of the following three statements are correct?

I. A profit center has control over both cost and revenue.
II. An investment center has control over invested funds, but not over costs and revenue.
III. A cost center has no control over sales.
A. Only I
B. Only II
C. Only I and III
D. Only I and II

Explanation / Answer

3) 399360 * 100/ 16640000 = 2.4%

hence C) 2.4%

4) ROI is 399360 * 100 / 4000000 = 10%

hence C) 10%

2)

A) Only l and lll

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