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

Author Question: Gas Supply Corporation uses the investment center concept for the gasoline stations that it manages ... (Read 258 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Mar 6, 2021
Gas Supply Corporation uses the investment center concept for the gasoline stations that it manages in the city. Consolidated has a 15% required rate of return on investment in order for a branch station to be viable. Select operating data for three of its stations for 2015 are as follows:
 
​Maple StreetOak StreetHigh Street
Revenue$17,000,000$13,500,000$15,000,000
Operating assets7,000,0007,000,0006,000,000
Net operating income900,0001,200,000980,000
Required:
a.Compute the return on investment for each station.
b.Which station manager is doing best based only on ROI? Why?
c.Are any of the stations in danger of being closed due to lack of performance?
d.What other factors should be included when evaluating the managers? 
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 genevieve1028 on Mar 6, 2021

at

  • Sr. Member
  • ****
  • Posts: 359
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 64% of students answer this correctly


genevieve1028

  • Member
  • Posts: 601
Reply 2 on: Mar 6, 2021
Wow, this really help

31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Lyme Disease Concept Map Lyme Disease Concept Map
This jumping spider's main ocelli (center pair) are very acute. This jumping spider's main ocelli (center pair) are very acute.
The reflection nebula NGC 1999 is brilliantly illuminated by V380 Orionis (center), a variable star The reflection nebula NGC 1999 is brilliantly illuminated by V380 Orionis (center), a variable star
Center of Mass of a Binary Star System Center of Mass of a Binary Star System
Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha
Criteria for Trauma Center Designation Criteria for Trauma Center Designation
Video: Role of transport in a cell

For a complete list of videos, visit our video library