Both the e-Learning division and the Tablet Computer Division are investment centers for Smart Touch Learning. Below is information for both divisions for the month of October: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income What is the ROI for the e-Learning division? Multiple Choice 24% 18% e-Learning Division $7,500,000 $5.225.000 $2,275,000 6% $1.825.000 $450,000 Tablet Computer Division $5,243,600 $2 $? $282.800 $2

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Do not give answer in image 

Both the e-Learning division and the Tablet Computer Division are investment centers for Smart Touch Learning. Below is information for both divisions
for the month of October
Sales revenue
Variable expenses
Contribution margin
Fixed expenses
Operating income
What is the ROI for the e-Learning division?
Multiple Choice
24%
18%
e-Learning Division
$7,500,000
$5.225.000
$2,275,000
6%
$1.825.000
$450.000
Tablet Computer Division
$5,243,600
$2
$?
$282.800
$2
Transcribed Image Text:Both the e-Learning division and the Tablet Computer Division are investment centers for Smart Touch Learning. Below is information for both divisions for the month of October Sales revenue Variable expenses Contribution margin Fixed expenses Operating income What is the ROI for the e-Learning division? Multiple Choice 24% 18% e-Learning Division $7,500,000 $5.225.000 $2,275,000 6% $1.825.000 $450.000 Tablet Computer Division $5,243,600 $2 $? $282.800 $2
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Value Chain Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education