Calculate the Return on Investment from the following responsibility report data using total revenue as the base: Responsibility report data Account Actual Revenues Clothing revenue $473,158 Clothing accessories revenue 18,757 Expenses Associates wages $41,704 22,906 Managers wages Cost of clothing sold 254,631 Cost of accessories sold 5,969 960 Equipment/fixture repairs lUtilities 1,539 Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 9EB: Classify each of the following performance measures into the balanced scorecard perspective to which...
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Calculate the Return on Investment from the following responsibility report data using total revenue as the base:
Responsibility report data
Account
Actual
Revenues
Clothing revenue
$473,158
Clothing accessories revenue
18,757
Expenses
Associates wages
$41,704
Managers wages
22,906
Cost of clothing sold
254,631
Cost of accessories sold
5,969
Equipment/fixture repairs
960
Utilities
1,539
Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.
Transcribed Image Text:Calculate the Return on Investment from the following responsibility report data using total revenue as the base: Responsibility report data Account Actual Revenues Clothing revenue $473,158 Clothing accessories revenue 18,757 Expenses Associates wages $41,704 Managers wages 22,906 Cost of clothing sold 254,631 Cost of accessories sold 5,969 Equipment/fixture repairs 960 Utilities 1,539 Round to two decimal places. Be sure to enter the answer as a percentage but do not include the % sign.
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