How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Neo Your Own Question

Neo, Tutor
Category: Homework
Satisfied Customers: 12101
Experience:  BS Accounting
Type Your Homework Question Here...
Neo is online now
A new question is answered every 9 seconds

selected sales and operating data for three divisions of three

Resolved Question:

selected sales and operating data for three divisions of three different companies are given below.
Division X Division Y Division Z
Sales $900,000 $750,000 $600,000
averaging operating assets $600,000 $150,000 $200,000
net operating income $ 54,000 $ 30,000 $ 10,000
minimum req. rate of return 10% 16% 8%

a. compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. show comps.
b. compute the residual income for ech division. show comps.
c. under which of these methods would they accept an opportunity with a 15% return. show comps and details.
Submitted: 6 years ago.
Category: Homework
Expert:  Neo replied 6 years ago.

You need to spend $3 to view this post. Add Funds to your account and buy credits.
Neo and 4 other Homework Specialists are ready to help you

Related Homework Questions