For its three investment centers, Waterway Company accumulates the following data: וו III Sales $1,996,000 $4,043,000 $3,962,000 Controllable margin 785.760 2,663,760 4,372,200 Average operating assets 4,911,000 8,072,000 12,145,000 Compute the return on investment (ROI) for each center. The return on investment % % 986

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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For its three investment centers, Waterway Company accumulates the following data:
וו
III
Sales
$1,996,000
$4,043,000
$3,962,000
Controllable margin
785.760
2,663,760
4,372,200
Average operating assets
4,911,000
8,072,000
12,145,000
Compute the return on investment (ROI) for each center.
The return on investment
%
%
986
Transcribed Image Text:For its three investment centers, Waterway Company accumulates the following data: וו III Sales $1,996,000 $4,043,000 $3,962,000 Controllable margin 785.760 2,663,760 4,372,200 Average operating assets 4,911,000 8,072,000 12,145,000 Compute the return on investment (ROI) for each center. The return on investment % % 986
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