MANAGERIAL ACCT(LL)+CONNECT+PROCTORIO PL
MANAGERIAL ACCT(LL)+CONNECT+PROCTORIO PL
17th Edition
ISBN: 9781265574826
Author: Garrison
Publisher: MCG
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Chapter 11, Problem 5E
To determine

Concept introduction:

Return on investment:

The Return on Investment is also called ROI. The return means the profit you make as a result of your investments. Return on Investment is a performance measure used to evaluate the profitability or efficiency of an investments or compare the efficiency of a number of investments. ROI is generally defined as the ratio of net profit over the total cost of the investment. ROI is calculated by dividing the net income by the total cost of the investment.

The missing data from the table for a distributor of martial arts products

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Exercise 11-5 (Algo) Return on Investment (ROI) [LO11-1] Provide the missing data in the following table for a distributor of martial arts products: Note: Enter "Turnover" and "ROI" answers to 1 decimal place. Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) Alpha $ 366,000 4.0 % Division Bravo $ 266,000 31,920 $ % 24.0 % $ Charlie 46,895 11 % 16.5 %
Exercise 11-5 (Algo) Return on Investment (ROI) [LO11-1] Provide the missing data in the following table for a distributor of martial arts products: (Enter "Turnover" and "ROI" answers to 1 decimal place.) Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) > Answer is complete but not entirely correct. Division Bravo $ Alpha 1,496,000 $ 119,680 $ 374,000 8 4.0 32.0 % % $ 260,000 $ 41,600 $ 1,300 X 16 200.0 X 32.0 % % Charlie $ 650,000 X $ 46,800 $ 433,333 X 15 1.5 22.5 % %
What is the average ROI in industry 9? , express the answer as a percentage with two decimal places.  What is the average margin in industry 1? , express the answer as a percentage
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