Multiple Choice
An investment center generated a contribution margin of $400000 fixed costs of $200000 and sales of $2000000. The center's average operating assets were $800000. How much is the return on investment?
A) 25%
B) 175%
C) 50%
D) 75%
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Pippen Co. recorded operating data for
Q2: Return on investment is calculated by dividing<br>A)
Q3: The dollar amount of the controllable margin<br>A)
Q4: The linens department of a large department
Q5: Which of the following are financial measures
Q7: Controllable margin is subtracted from controllable fixed
Q8: A cost center incurs costs and generates
Q9: Which statement is true?<br>A) An investment center
Q10: Controllable margin is most useful for<br>A) external
Q11: The best measure of the performance of