Wednesday, February 20, 2013

Wacker Company has two regional offices. The data for each is as follows

ACCOUNTING

Multiple Choice

Wacker Company has two regional offices. The data for each is as follows:

Maryland New York

Revenues $ 580,000 $ 596,000

Operating assets 4,800,000 9,000,000

Net operating income 2,016,000 2,400,000


What is the Maryland Division's return on investment?

a. 0.42

b. 0.54.

c. 0.96.

d. 4.12.

Click here for the SOLUTION

No comments:

Post a Comment