1. What is the controllable margin of Greer Company? 2. What is the return on investment of Greer Company?
1. What is the controllable margin of Greer Company? 2. What is the return on investment of Greer Company?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1. What is the controllable margin of Greer Company?
2. What is the return on investment of Greer Company?
Transcribed Image Text:Data for the following subsidiaries of Timmons Company, which are operated as investment
centers, are as follows:
Black Company
P3,000.000
(1)
(2)
1,200,000
500,000
10%
Greer Company
P2,000,000
(3)
4,000,000
800,000
200,000
(4)
Sales
Controllable margin
Average operating assets
Contribution margin
Controllable fixed costs
Return on Investment
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