Solved

If an Investment Center Has Generated a Controllable Margin of $75,000

Question 137

Multiple Choice

If an investment center has generated a controllable margin of $75,000 and sales of $300,000, what is the return on investment for the investment center if average operating assets were $500,000 during the period?


A) 15%
B) 25%
C) 45%
D) 60%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q14: In the formula for ROI idle plant

Q36: Responsibility centers may be classified into three

Q67: Controllable margin is defined as<br>A) sales minus

Q135: If a company plans to sell 24,000

Q135: Within the relevant range of activity the

Q136: Match the items below by entering the

Q141: An investment center generated a contribution margin

Q142: Ramirez Manufacturing Inc. has three divisions which

Q147: Assume that actual sales results exceed the

Q180: Return on investment is calculated by dividing