Solved

Ronaldi Corporation's Port Division Has a Segment Margin of $400,000

Question 114

Multiple Choice

Ronaldi Corporation's Port division has a segment margin of $400,000 and net sales revenue of $4,400,000 for the current reporting period.The division has an asset turnover of 1.5.What is the division's ROI?


A) 11%
B) 13.2%
C) 13.6%
D) The ans cannot be determined from the information given.

Correct Answer:

verifed

Verified

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

Related Questions

Q61: Any part of an organization that management

Q106: To increase both margin and asset turnover<br>A)Increase

Q109: An investment center manager should be evaluated

Q110: Brian Lochte operates a popular water park.Projections

Q111: Chute Company's Extract division has collected

Q115: What is really needed to measure a

Q116: Logan Corporation reported the following operating data

Q117: Cody Corporation's Southern region operates as an

Q118: Jumbo Industries is considering the purchase of

Q127: In the Dupont Model for calculating ROI,