Presented below is selected financial information for two divisions of Samberg B

Question

Presented below is selected financial information for two divisions of Samberg Brewing.

Supply the missing information for the lettered items.

x Your answer is incorrect. Try again. resented below is selected financial information for two divisions of Samberg Brewing. Supply the missing information for the lettered items. (Round minimum rate of return and ROI to 1 decimal place, e.g. 10.5% and round average operating assets to ecimal places e.g. 58,971.) Lager $499,200 200,300 Lite Lager $300,400 ontribution margin ontrollable margin verage operating assets inimum rate of return 359770(c) 92273 (a) $,200,900 10.54% (b) 15 % 30.01 % (d) $204,000 eturn on investment 22 % esidual income $99,000 LINK TO TEXT

Explanation / Answer

a Average operating assets = 200300/22%= $910455 b Minimum rate of return = (200300-99000)/910455= 11.1% c Controllable margin = 204000+(1200900*15%)= $384135 d Return on investment=384135/1200900= 32%

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