Question: this comes from online study guide that I found. thanks. For its three investment centers, Gerrard Company accumulates the following data: I II III Sales

this comes from online study guide that I found. thanks.

For its three investment centers, Gerrard Company accumulates the following data: I II III Sales $1,994,000 $4,011,000 $4,026,000 Controllable margin 802,400 2,344,360 4,686,240 Average operating assets 5,015,000 8,084,000 12,016,000 Compute the return on investment (ROI) for each center. I II III The return on investment % % %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

this comes from online study guide that I found. thanks. For its three investment centers, Gerrard Company accumulates the following data: I II III Sales $1,994,000 $4,011,000 $4,026,000 Controllable...

Would you be able to put together another monthly cash flow analysis, this time for year 1? INCOME STATEMENT Year 1 269,115.00 48,930.00 20,388.00 338,433.00 $ $ $ $ COGS $ 113,940.00 $ 125,940.00 $...

I would like assistance with assignment 3 and 4 on the attached document I have been struggling with the subject and its my last AUI4863/102/0/2016 Tutorial letter 102/0/2016 ADVANCED INTERNAL AUDIT...

1. What are the advantages and disadvantages of Rosetta Stone going public? 2. What do you think the current value of a share of Rosetta Stone is (at the time of the case)? Justify your valuation on...

Hi there I need help answering ASSIGNMENT 1 ONLY by Friday afternoon. I have attached the study pack to help answer the question. Thanks! FIN4802 ASSIGNMENTS ASSIGNMENT 01 Due date: 13 May 2016...

Please help, this is actually due today and the person who said they would answer this question that was initially due last night. Thank you for the help if possible. I need help with putting the...

1. Texas Roadhouse (TXRH) is rapidly expanding into new markets and had sales of $1,263M in 2012. Suppose you expect sales to grow at a 15% rate in 2013, but this rate will slow by 2% per year to a...

. What are the advantages and disadvantages of Rosetta Stone going public? 2. What do you think the current value of a share of Rosetta Stone is (at the time of the case)? Justify your valuation on a...

SEE "DOCUMENT 1" FOR CRITERIA 2 "DOCUMENT 2" FOR CRITERIA 4 You are to write a 3 to 4 page paper following APA rules for the title page, citations and appropriate references within the body of the...

Let r(t) be the rate at which the world's oil is consumed, where t is measured in years starting at t = 0 on January 1, 2000, and r(t) is measured in barrels per year. What does represent? r() dt

Explain the phrase debits equal credits with regard to journal entries.

Evaluate the limit lim x 0 3 ( e x - 1 - x ) 1 0 x 3 using L'Hopital's Rule if necessary. 0 = 0 3 1 0 1 2 0

Russell Engineering provides consulting services related to land development. Below is the year-end adjusted trial balance of Russell Engineering. Required: Prepare an income statement, statement of...

King Company produces variations of its product, a megatron, in response to custom orders from its customers. On June 1, the company had no inventories of goods in process or finished goods but held...

Dye Corporation has fixed costs of $480,000. It has a unit selling price of $6, unit variable cost of $4.50, and a target net income of $1,500,000. Compute the required sales in units to achieve its...

Huang Companys break-even sales are $500,000. Assuming fixed costs are $180,000, what sales volume is needed to achieve a target net income of $90,000?

Define the term margin of safety. If Revere Company expects to sell 1,250 units of its product at $12 per unit, and break-even sales for the product are $13,200, what is the margin of safety ratio?

In Byrne's article, refers to the digitization of music ---music that is captured in an mp3, streamed on something like Spotify, and exists apart from things like CDs, vinyl, or cassette tapes. He...

Improving creative problem-solving ability.

1. Discuss the following statements: (a) A circle becomes a straight line when viewed on a very small scale. (b) Breaking patterns creates change.

2. Develop your own loop models for the following conditions. At least one model shall be developed for each of the points under (a-j) a) If A shows anger towards B, what will Bs reaction be? b) What...