The Technology Division of Weston Corporation reports the following results for 2023: Revenues $520,000 Operating expenses = $468,000 Operating income = $52,000 Operating assets = $640,000 Weston Corporation has set a target return on investment (ROI) of 12% for the Technology Division. What is the Technology Division's margin? a. 11.73% b. 10.00% c. 12.04% d. 9.87%

The Technology Division of Weston Corporation reports the following results for 2023: Revenues $520,000 Operating expenses = $468,000 Operating income = $52,000 Operating assets = $640,000 Weston Corporation has set a target return on investment (ROI) of 12% for the Technology Division. What is the Technology Division's margin? a. 11.73% b. 10.00% c. 12.04% d. 9.87%

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...

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