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Knowledge Check Bridgeport accumulates the following data for its North Division, an investment center, for the current year. Contribution margin Controllable fixed costs Average operating assets $186.400 ROI $102.800 $800,000 Compute the ROI. (Round answer to two decimal places (e.g.. 15.25%).) 12.85 %

Knowledge Check Bridgeport accumulates the following data for its North Division, an investment center, for the current year. Contribution margin Controllable fixed costs Average operating assets $186.400 ROI $102.800 $800,000 Compute the ROI. (Round answer to two decimal places (e.g.. 15.25%).) 12.85 %

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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Knowledge Check Bridgeport accumulates the following data for its North Division, an investment center, for the current year. Contribution margin Controllable fixed costs Average operating assets $186.400 ROI $102.800 $800,000 Compute the ROI. (Round answer to two decimal places (e.g.. 15.25%).) 12.85 %
Transcribed Image Text:Knowledge Check Bridgeport accumulates the following data for its North Division, an investment center, for the current year. Contribution margin Controllable fixed costs Average operating assets $186.400 ROI $102.800 $800,000 Compute the ROI. (Round answer to two decimal places (e.g.. 15.25%).) 12.85 %
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