An investment centre generated a contribution margin of $200700, controllable fixed costs of $99000 and sales of $1010000. The centre's average operating assets were $339000. How much is the return on investment? О 30% О 88% • 210% 0 59%

An investment centre generated a contribution margin of $200700, controllable fixed costs of $99000 and sales of $1010000. The centre's average operating assets were $339000. How much is the return on investment? О 30% О 88% • 210% 0 59%

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...

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Formula Formula ROI (%) = Net Income Principal Amount × 100

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