A company's two divisions report the information below. Sales Income Average assets Electronics $ 81,000 5,670 40,500 Sporting Goods $ 40,000 4,100 25,000 Enter answers in the tabs below. Required 1 Required 2 Required 3 Calculate return on investment for each division. Division Electronics Sporting Goods Return on Investment Numerator Denominator: = Return on Investment

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter10: Evaluating Decentralized Operations
Section: Chapter Questions
Problem 3BE
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A company's two divisions report the information below.
Sales
Income
Average assets
Electronics
$ 81,000
5,670
40,500
Sporting Goods
$ 40,000
4,100
25,000
Enter answers in the tabs below.
Required 1
Required 2
Required 3
Calculate return on investment for each division.
Division
Electronics
Sporting Goods
Return on Investment
Numerator
Denominator:
=
Return on Investment
<Required 2
Transcribed Image Text:A company's two divisions report the information below. Sales Income Average assets Electronics $ 81,000 5,670 40,500 Sporting Goods $ 40,000 4,100 25,000 Enter answers in the tabs below. Required 1 Required 2 Required 3 Calculate return on investment for each division. Division Electronics Sporting Goods Return on Investment Numerator Denominator: = Return on Investment <Required 2
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