This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Batman Abstract Company has three divisions that operate autonomously. Their results for 2015 are as ... (Read 85 times)

rl

  • Hero Member
  • *****
  • Posts: 579
on: Mar 6, 2021
Batman Abstract Company has three divisions that operate autonomously. Their results for 2015 are as follows:

​RiddlerJokerPenguin
Sales$5,000,000$7,000,000$10,000,000
Contribution margin1,440,0001,700,0003,500,000
Operating income1,000,0001,750,000 2,520,000
Investment base9,000,00010,000,00014,000,000
The company's desired rate of return is 20%. 

Required:
a.Compute each division's ROI.
b.Compute each division's residual income.
c.Rank each division by both ROI and residual income.
d.Which division had the best performance in 2015? Why? 
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rl on Mar 6, 2021

Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
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.
Answer Preview
Only 32% of students answer this correctly


rl

  • Member
  • Posts: 579
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

New results from NASA's NEOWISE survey New results from NASA's NEOWISE survey
The nervous system is described as having two interconnected divisions: the central nervous system ( The nervous system is described as having two interconnected divisions: the central nervous system (
The Major Divisions of the Visual Cortex of the Rhesus Monkey The Major Divisions of the Visual Cortex of the Rhesus Monkey
If the gauge reading is now much higher than the first test results, then the cause of the low ... If the gauge reading is now much higher than the first test results, then the cause of the low ...
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
The chromosomal explanation of the results of the X-linked crosses The chromosomal explanation of the results of the X-linked crosses
Video: Dendrite Animation

For a complete list of videos, visit our video library