Calculate the Return on Investment from the following responsibility report data using total revenue as the base: Account Revenues Clothing revenue Clothing accessories revenue Expenses Associates wages Managers wages Cost of clothing sold Cost of accessories sold Equipment/fixture repairs Responsibility report data Actual $419,769 17,492 $48.641 29,410 262,242 6,372 786 1.575 Ubilities Be sure to enter the answer as a percentage but do not include the % sign. Round to two decimal places.

Calculate the Return on Investment from the following responsibility report data using total revenue as the base: Account Revenues Clothing revenue Clothing accessories revenue Expenses Associates wages Managers wages Cost of clothing sold Cost of accessories sold Equipment/fixture repairs Responsibility report data Actual $419,769 17,492 $48.641 29,410 262,242 6,372 786 1.575 Ubilities Be sure to enter the answer as a percentage but do not include the % sign. Round to two decimal places.

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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