Compute the return on investment for each division

Assignment Help Accounting Basics
Reference no: EM132516715

Question - The income from operations and the amount of invested assets in each division of Beck Industries are as follows:

 

Income from Operations

Invested Assets

Retail Division

$102,000

$510,000

Commercial Division

82,800

460,000

Internet Division

98,400

410,000

Required -

a. Compute the return on investment for each division.

b. Which division Is the most profitable per dollar invested?

Reference no: EM132516715

Questions Cloud

What is the influence of our social schemata : What is the influence of our social schemata on our self-schemata? What is the relationship between self-schemata and our social functioning?
What is nothing outside the mind philosophy about : What is nothing outside the mind Philosophy about?
How the cost of such an asset may be considered irrelevant : However, the cost of such an asset may be considered irrelevant in most internal decision-making. Explain how and why this might be true
How would you introduce the given topic to the family : You are conducting a family session and you have determined that the whole family would benefit from attending 12-step meetings. How would you introduce this.
Compute the return on investment for each division : The income from operations and the amount of invested assets in each division of Beck Industries - Compute the return on investment for each division
Solve the payback period in years : Calculate the payback period in years (to the nearest two decimal places). Show all work. Advise the hospital if this is a good idea.
Describe the concept of god in the 12-steps : You have a client that is refusing to attend AA meetings in the community. He reports that he does like the concept of God in the 12-steps and that the meetings
CPCCBC4008B Conduct onsite supervision of building : CPCCBC4008B Conduct onsite supervision of building and construction projects Assignment Help and Solution, Unity School of Education - Assessment Writing
Determine how a firms break-even-point is affected : Assuming that all other factors remain unchanged, determine how a firm's break-even-point is affected. The firm finds it necessary to reduce the price unit

Reviews

Write a Review

Accounting Basics Questions & Answers

  Proficiency in basic accounting concepts

You've been nominated by your institution for the seminar because of your proficiency in basic accounting concepts. The participants and audience comprise college professors, practicing CPAs, and fellow students.

  What evidence is necessary to demonstrate the ability

What evidence is necessary to demonstrate the ability to consummate the refinancing of short-term debt?

  Explain the total assets liabilities and net worth

Explain the process for creating a balance sheet. Explain the total assets, liabilities, and net worth (loss). Explain the use of profitability, liquidity.

  Exchange of common stock a building

Why are noncash transactions, such as the exchange of common stock a building, included on a statement of cash flows? How are these noncash transactions disclosed?

  What is the taxable income and Reg tax liability

In 2016, AutoUSA Inc. received $4,600,000 of book income, including $20,000 of interest income from tax-exempt municipal bonds for a private activity in 2009.

  Why would you customize a coa to a specific business

Why would you customize a COA to a specific business? How would the COA differ for a service business versus a retail business that sells products?

  Classified section devoted to introducing singles

Write a personal ad for the classified section devoted to introducing singles. How would you describe yourself? How would you describe the type of person you're looking for? Write a short paragraph about why you gave those particular descriptions?

  Requirements of sarbanes-oxley act

Which of the following is a requirement of the Sarbanes-Oxley Act?

  Discuss cash flow statement

Discuss cash flow statement and how it relates to management's assessments of trimming of future cash flows, the financial position of the company

  What is patrick basis in each of the shares

In 1998, Patrick paid $1,200 for 100 shares of UPI common stock. What is Patrick's basis in each of the 108 shares he now owns

  Computing goods available for sale

Computing goods cost of goods available for sale and the units available for sale for this four-week period. Assume that no sales occur during those four weeks.

  Amortization schedule using the effective interest method

On January 1, 2010, the Calvert Company issues 12%, $100,000 face value bonds for $103,545.91, a price to yield 10%.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd