EX 10-10 Retum on investment Obj.4 The operating income and the amount of invested assets in each division of Stewart Industries are as follows: Retail Division Commercial Division Data Analytics Division Operating Income $11,700,000 12,600,000 1,920,000 a. Compute the return on investment for each division. b. Which division is the most profitable per dollar invested? Invested Assets $45,000,000 63,000,000 12,000,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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EX 10-10 Retum on investment
Obj.4
The operating income and the amount of invested assets in each division of Stewart Industries
are as follows:
Retail Division
Commercial Division
Data Analytics Division
Operating
Income
$11,700,000
12,600,000
1,920,000
a. Compute the return on investment for each division.
b. Which division is the most profitable per dollar invested?
Invested
Assets
$45,000,000
63,000,000
12,000,000
Transcribed Image Text:EX 10-10 Retum on investment Obj.4 The operating income and the amount of invested assets in each division of Stewart Industries are as follows: Retail Division Commercial Division Data Analytics Division Operating Income $11,700,000 12,600,000 1,920,000 a. Compute the return on investment for each division. b. Which division is the most profitable per dollar invested? Invested Assets $45,000,000 63,000,000 12,000,000
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