The income from operations and the amount of invested assets in each division of Lucifer Industries are as follows: Income from Operations Invested Assets Sporting Goods Division $107,000 Health Care Division Commercial Division $126,900 $59,500 $565,000 $692,000 $365,000 • Required: Compute the rate of return on investment for each division. (Round to the nearest whole number.)

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 10E
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The income from operations and the amount of invested assets in
each division of Lucifer Industries are as follows:
Income from Operations Invested Assets
Sporting Goods Division $107,000
Health Care Division
Commercial Division
$126,900
$59,500
$565,000
$692,000
$365,000
• Required: Compute the rate of return on investment for each
division. (Round to the nearest whole number.)
Transcribed Image Text:The income from operations and the amount of invested assets in each division of Lucifer Industries are as follows: Income from Operations Invested Assets Sporting Goods Division $107,000 Health Care Division Commercial Division $126,900 $59,500 $565,000 $692,000 $365,000 • Required: Compute the rate of return on investment for each division. (Round to the nearest whole number.)
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