For its three investment centres, Stahl Company accumulates the following data: Calculate the return on investment (ROI)
Question:
Calculate the return on investment (ROI) for each centre.
Transcribed Image Text:
Centre I Centre II $2,000,000$4,000,000 2,000,000 8,000,000 Centre III Sales Controllable margin Average operating assets 1,300,000 5,000,000 $ 4,000,000 3,600,000 12,000,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
III 26 1300000 50...View the full answer
Answered By
Wahome Michael
I am a CPA finalist and a graduate in Bachelor of commerce. I am a full time writer with 4 years experience in academic writing (essays, Thesis, dissertation and research). I am also a full time writer which assures you of my quality, deep knowledge of your task requirement and timeliness. Assign me your task and you shall have the best.
Thanks in advance
4.90+
63+ Reviews
132+ Question Solved
Related Book For
Managerial Accounting Tools for Business Decision Making
ISBN: 978-1118856994
4th Canadian edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
Question Posted:
Students also viewed these Managerial Accounting questions
-
For its three investment centers, Kaspar Company accumulates the followingdata: Sales Controllable margin Average operating assets $2,000,000 $4,000,000 4,000,000 2,000,000 8,000,000 1,300,000...
-
For its three investment centers, Perine Company accumulates the following data: Compute the return on investment (ROI) for each center. Sales Controllable margin Average operating assets $2,000,000...
-
For its three investment centers, Paige Company accumulates the following data: Compute the return on investment (ROI) for eachcenter. III II Sales Controllable margin Average operating assets $...
-
According to the American Red Cross, 11.6% of all Connecticut residents have Type B blood. A random sample of 28 Connecticut residents is taken. X = the number of Connecticut residents that have Type...
-
Texaco Oil Company issues its own credit cards. Assume that Texaco charges you $40 on an unpaid balance. Prepare the journal entry that Texaco makes to record this revenue.
-
Find the average value of each function on the given interval. (x) = 2 - 3x 2 ; [1, 3]
-
An investment portfolio has investments in technology stocks, banking stocks, and consumer goods stocks. Which type of investment should be added for greater diversification? a. Stock mutual fund b....
-
A builder constructed a house according to plans provided by the owner. The contract specified that only Reading brand pipe was to be used in the plumbing. After the house was completed, the owner...
-
Kirinyaga Hydraulic Contractors in partnership with the World Bank are embarking on a water project in Mukurweini Division. They are contemplating to gauge the benefits of the project through cost-...
-
Let S= {a,b,c,d,e} and P be the set of partitions of S such that P={P1,P2,P3,P4}, where P1={{a,b,c},{d,e}},P2={{a,b},{c,d,e}},P3={{a,b,c,d,e}} and P4= {{a},{b},{c},{d},{e}} A partial order is defined...
-
For the year ending December 31, 2016, Sanjay Company accumulates the following data for the plastics division, which it operates as an investment centre: contribution margin -$700,000 budgeted,...
-
The Current Designs staff has prepared the annual manufacturing budget for the rotomoulded line based on an estimated annual production of 4,000 kayaks during 2016. Each kayak will require 54...
-
What are the phases of social media marketing maturity? How does social media marketing change for companies as they shift from the trial phase to the transition phase and eventually move into the...
-
Rework part (d) of Problem 3-4 using the Fisher LSD method. What conclusions can you draw? Explain carefully how you modified the technique to account for unequal sample sizes. Problem 3-4 An...
-
Explain why the marginal cost of winning increases even if players are available at a fixed salary (say, $500,000 each).
-
If you were CEO of a company, would you spend $10 million per year to put your companys name on a stadium?
-
Perform a web search and find the reasons why the Unified Modeling Language (UML) was originally developed. What were the primary reasons why UML 2.0 appeared?
-
Who should compose, analyze, and validate software requirements specifications?
-
Which layers of the network model are specifically concerned with communication channel media and signaling technology?
-
Marc Company assembles products from a group of interconnecting parts. The company produces some of the parts and buys some from outside vendors. The vendor for Part X has just increased its price by...
-
Guymon Company reported a cost of goods manufactured of $313,000. Supplemental information shows raw materials purchases of $60,000, raw materials used in production of $90,000, direct labor of...
-
Osborne Products uses a predetermined overhead rate of $50 per labor hour. A review of the company's accounting records revealed actual overhead for the period of $500,000 and overapplied...
-
Wilkinson, Inc. provides the following inventory balances and manufacturing cost data for the month of January: Any over- or underapplied overhead is closed to cost of goods sold at the end of the...
-
Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a...
-
1. Review the following tracings, identify the type of BBB, and then explain how you determined your answers 2. Review the following tracing. Do you suspect left ventricular hypertrophy? Explain how...
-
What are signs that its time to cut corners to get the product launched, and what would you cut?
Study smarter with the SolutionInn App