Question: QUESTION 17 Monte, Inc. recorded operating data for its Sandtrap division for the year. Monte requires its return to be 8%. Sales $600,000 Controllable margin

QUESTION 17 Monte, Inc. recorded operating data for its Sandtrap division for the year. Monte requires its return to be 8%. Sales $600,000 Controllable margin 80,000 Total average assets 200.000 Fixed costs 40.000 How much is ROI for the year? A 33% OB. 40% OC. 20% O 0.13% QUESTION 18 Quincy Corp. earned controllable margin of $400,000 on sales of $4,200,000. The division had average operating assets of $3,500,000. The company requires a return on investment of at least 8%. How much is residual income? OA. $336,000 B. $120,000 C. 564,000 0,0.5280,000

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