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Author Question: Care Inc., has two divisions that operate independently of one another. The financial data for the ... (Read 58 times)

mwit1967

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on: Mar 6, 2021

Question 1

Bouvous Corporation had the following information for 2015:
Revenue$400,000
Operating expenses350,000
Total assets530,000

What is the return on investment?
◦ 9.4%
◦ 75.5%
◦ 8.6%
◦ 10.4%

Question 2

Care Inc., has two divisions that operate independently of one another. The financial data for the year 2015 reported the following results:

NorthSouth
Sales$6,000,000$5,000,000
Operating income1,900,0001,600,000
Taxable income1,600,000750,000
Investment16,000,00010,000,000

The company's desired rate of return is 10%. Income is defined as operating income.
What are the respective return-on-investment ratios for the North and South Divisions?
◦ 16.00% and 11.88%
◦ 10.00% and 7.50%
◦ 11.88% and 16.00%
◦ 7.50% and 10.00%
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by mwit1967 on Mar 6, 2021

JaynaD87

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mwit1967

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Reply 2 on: Mar 6, 2021
Excellent

bigsis44

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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