Use the following information for the Quick Study below. (Algo) [The following information applies to the...
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Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] The following information is provided for each Investment Center. Investment Center Cameras Phones Computers Income Less Target income Residual income (loss) Income $ 4,550,000 2,145,000 850,000 Compute return on investment for each investment center. Which center performed the best based on return on investment? $ Cameras Average Asseta $ 26,900,000 14,300,000 18,800,000 4,550,000 $ 26,900,000 Phones 2,145,000 $ 14,300,000) Computers 850,000 18,800,000 Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] The following information is provided for each Investment Center. Investment Center Cameras Phones Computers Income Less Target income Residual income (loss) Income $ 4,550,000 2,145,000 850,000 Compute return on investment for each investment center. Which center performed the best based on return on investment? $ Cameras Average Asseta $ 26,900,000 14,300,000 18,800,000 4,550,000 $ 26,900,000 Phones 2,145,000 $ 14,300,000) Computers 850,000 18,800,000
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To calculate the Return on Investment ROI for each investment center the formula is ROI Income Avera... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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