The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division $130,200 $620,000 Commercial Division 141,600 590,000 Internet Division 98,800 380,000 a. Compute the return on investment for each division. (Round to the nearest whole number.) Division Percent Retail Division % Commercial Division % Internet Division % b. Which division is the most profitable per dollar invested?
The income from operations and the amount of invested assets in each division of Beck Industries are as follows: Income from Operations Invested Assets Retail Division $130,200 $620,000 Commercial Division 141,600 590,000 Internet Division 98,800 380,000 a. Compute the return on investment for each division. (Round to the nearest whole number.) Division Percent Retail Division % Commercial Division % Internet Division % b. Which division is the most profitable per dollar invested?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The income from operations and the amount of invested assets in each division of Beck Industries are as follows:
| Income from Operations | Invested Assets | |||
| Retail Division | $130,200 | $620,000 | ||
| Commercial Division | 141,600 | 590,000 | ||
| Internet Division | 98,800 | 380,000 |
a. Compute the
| Division | Percent |
| Retail Division | % |
| Commercial Division | % |
| Internet Division | % |
b. Which division is the most profitable per dollar invested?
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