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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?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
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?
 
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
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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