Return on investment The income from operations and the amount of invested asset
ID: 2517185 • Letter: R
Question
Return on investment The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division Commercial Division Internet Division 109,200 99,400 $380,000 520,000 710,000 a. Compute the return on investment for each division. (Round to the nearest whole number.) Division Retail Division Commercial Division Internet Division Percent e most profitable per dollar invested? Commercial Division Internet Division Retail DivisionExplanation / Answer
a) Calculate return on investment :
b) Commercial division is the most profitable per dollar invested.
Division Percent Retail division (68400*100/380000) 18% Commercial division (109200*100/520000) 21% Internet division (99400*100/710000) 14%Related Questions
Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.