Solved

Queen Company Has Two Divisions,the Domestic Division and the International

Question 41

Essay

Queen Company has two divisions,the Domestic Division and the International Division.Last year,the Domestic Division earned $360,000 using average operating assets of $1,440,000.Sales for the Domestic Division were $3,600,000.Last year,the International Division earned $560,000 using average operating assets of $2,800,000.Sales for the International Division were $7,000,000. A. For the Domestic Division, the margin is _________, the turnover is________ , and the ROI is______
B. For the International Division, the margin is__________ , the turnover is_______ , and the ROI is_________
C. If these are the only two divisions of Queen Company, what is the ROI for Queen Company?

Correct Answer:

verifed

Verified

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

Related Questions