The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating Income Invested Assets Retail Division $9,600,000 $40,000,000 Commercial Division 12,100,000 55,000,000 Internet Division 6,480,000 36,000,000 a. Compute the return on investment for each division. Division Percent Retail Division fill in the blank 1 % Commercial Division fill in the blank 2 % Internet Division fill in the blank 3 % b. Which division is the most profitable per dollar invested?
The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating Income Invested Assets Retail Division $9,600,000 $40,000,000 Commercial Division 12,100,000 55,000,000 Internet Division 6,480,000 36,000,000 a. Compute the return on investment for each division. Division Percent Retail Division fill in the blank 1 % Commercial Division fill in the blank 2 % Internet Division fill in the blank 3 % 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 operating income and the amount of invested assets in each division of Conley Industries are as follows:
| Operating Income | Invested Assets | |||
| Retail Division | $9,600,000 | $40,000,000 | ||
| Commercial Division | 12,100,000 | 55,000,000 | ||
| Internet Division | 6,480,000 | 36,000,000 |
a. Compute the return on investment for each division.
| Division | Percent |
| Retail Division | fill in the blank 1 % |
| Commercial Division | fill in the blank 2 % |
| Internet Division | fill in the blank 3 % |
b. Which division is the most profitable per dollar invested?
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