Alpha Corporation recorded operating data for its Omega division for the year. Alpha requires its return to be 10%. Sales- P700,000; Controllable margin- P80,000; Total average assets- P2,000,000; Fixed costs- P50,000. What is the ROI for the year?
Alpha Corporation recorded operating data for its Omega division for the year. Alpha requires its return to be 10%. Sales- P700,000; Controllable margin- P80,000; Total average assets- P2,000,000; Fixed costs- P50,000. What is the ROI for the year?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter10: Decentralization: Responsibility Accounting, Performance Evaluation, And Transfer Pricing
Section: Chapter Questions
Problem 18E: The following selected data pertain to the Argent Division for last year: Required: 1. How much is...
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Alpha Corporation recorded operating data for its Omega division for the year. Alpha requires its return to be 10%. Sales- P700,000; Controllable margin- P80,000; Total average assets- P2,000,000; Fixed costs- P50,000. What is the
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