The Electronics Division of Apex Company reports the following results for 2014: Revenues $472,000 Operating expenses $424,000 Operating income Operating assets $48,000 $580,000 Apex Company has set a target return on investment (ROI) of 11% for the Electronics Division. The Electronic Division's margin is: a. 12.89%. b. 10.17%. c. 11.32%. d. 8.28%.

The Electronics Division of Apex Company reports the following results for 2014: Revenues $472,000 Operating expenses $424,000 Operating income Operating assets $48,000 $580,000 Apex Company has set a target return on investment (ROI) of 11% for the Electronics Division. The Electronic Division's margin is: a. 12.89%. b. 10.17%. c. 11.32%. d. 8.28%.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 4BE: Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested...

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