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For its three investment centers, Ivanhoe Company accumulates the following data: Sales Controllable margin Average operating assets The return on investment Compute the return on investment (ROI) for each center. e Textbook and Media $1,990,000 1,130,680 4,916,000 Save for Later 11 $3,963.000 2,139,480 7,924,000 % 111 $3,955,000 4,441,480 12,004,000 % Attempts: 0 of 10 used % Submit Answer

For its three investment centers, Ivanhoe Company accumulates the following data: Sales Controllable margin Average operating assets The return on investment Compute the return on investment (ROI) for each center. e Textbook and Media $1,990,000 1,130,680 4,916,000 Save for Later 11 $3,963.000 2,139,480 7,924,000 % 111 $3,955,000 4,441,480 12,004,000 % Attempts: 0 of 10 used % Submit Answer

FINANCIAL ACCOUNTING
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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For its three investment centers, Ivanhoe Company accumulates the following data: Sales Controllable margin Average operating assets The return on investment Compute the return on investment (ROI) for each center. e Textbook and Media $1,990,000 1,130,680 4,916,000 Save for Later 11 $3,963.000 2,130 480 7,924,000 % 111 $3,955,000 4,441,480 12,004,000 11 % Attempts: 0 of 10 used % Submit Answer
Transcribed Image Text:For its three investment centers, Ivanhoe Company accumulates the following data: Sales Controllable margin Average operating assets The return on investment Compute the return on investment (ROI) for each center. e Textbook and Media $1,990,000 1,130,680 4,916,000 Save for Later 11 $3,963.000 2,130 480 7,924,000 % 111 $3,955,000 4,441,480 12,004,000 11 % Attempts: 0 of 10 used % Submit Answer
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