Searchlight, Inc. uses ROI to evaluate operations and requires the return on its operating units to be 9%.  Operating data for the Western division is shown below: Sales                                                       $1,000,000 Controllable margin                             120,000 Total average assets                             600,000 Fixed costs                                                    60,000 How much is ROI for the year? A. 20% B. 17% C. 10% D. 30%

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Searchlight, Inc. uses ROI to evaluate operations and requires the return on its operating units to be 9%.  Operating data for the Western division is shown below:

Sales                                                       $1,000,000

Controllable margin                             120,000

Total average assets                             600,000

Fixed costs                                                    60,000

How much is ROI for the year?

A. 20%
B. 17%
C. 10%
D. 30%
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