Solution-Calculate ROI for each profit center and rank them

Calculate ROI for each profit center and rank them

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Reference no: EM133059958

Question - Johnson Company has two sources of funds: long-term debt and equity capital. Johnson Company has profit centers in the following locations with the following net incomes and total assets:

	Net Income	Assets
Las Vegas	$710,000	$4,000,000
Dallas	950,000	8,000,000
Tampa	1,790,000	12,000,000

Required - Calculate ROI for each profit center and rank them from highest to lowest based on ROI.

Reference no: EM133059958

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Calculate ROI for each profit center and rank them

Reference no: EM133059958

Reference no: EM133059958

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