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Author Question: Bouvous Corp has two regional offices. The data for each are as follows: MarylandNew ... (Read 49 times)

khang

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on: Mar 6, 2021

Question 1

All of the following are ways to calculate different versions of ROI except ________.
◦ Revenues/Total Assets
◦ Return on sales x investment turnover
◦ Income/Investments
◦ Operating Income/Revenues x Revenues/Total Assets

Question 2

Bouvous Corp has two regional offices. The data for each are as follows: 

MarylandNew Jersey
Revenues$293,000$298,000
Operating assets2,900,0004,700,000
Net operating income1,200,0001,200,000

What is the return on investment for the New Jersey Division?
◦ 6.3%
◦ 25.5%
◦ 41.4%
◦ 19.2%
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by khang on Mar 6, 2021

T4T

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Reply #1 on: Mar 6, 2021
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khang

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Reply 2 on: Mar 6, 2021
Wow, this really help

kjohnson

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Reply 3 on: Yesterday
Excellent

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