Question: Vaughn Manufacturing recorded operating data for its Cheap division for the year as follows Sales $2200000 Controllable margin 152000 Total average assets 3800000 Fixed costs
Vaughn Manufacturing recorded operating data for its Cheap division for the year as follows Sales $2200000 Controllable margin 152000 Total average assets 3800000 Fixed costs 100000 Vaughn requires its return to be 10%. What is the ROI for the year? OOOO 9% 6% 4% 58%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
