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Author Question: Antique Corp uses the investment center concept for the museums that it manages. Selected operating ... (Read 138 times)

Awilson837

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Antique Corp uses the investment center concept for the museums that it manages. Selected operating data for three of its museums for 2015 are as follows:
 
OhioDallasTexas
Revenue$1,200,000$1,500,000$1,800,000
Operating assets700,000500,000600,000
Net operating income105,000115,000120,000
Required:
a.Compute the return on investment for each division.
b.Which museum manager is doing best based only on ROI? Why?
c.What other factors should be included when evaluating the managers? 


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Marked as best answer by Awilson837 on Mar 6, 2021

jaaaaaaa

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Awilson837

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Reply 2 on: Mar 6, 2021
:D TYSM


lindahyatt42

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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