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Compute the return on investment for each division

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Reference no: EM132766550

Problem - Return on investment - The operating income and the amount of invested assets in each division of Conley Industries are as follows:

 

Operating Income

Invested Assets

Retail Division

$9,600,000

$40,000,000

Commercial Division

12,100,000

55,000,000

Internet Division

6,480,000

36,000,000

Required -

a. Compute the return on investment for each division.

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

Reference no: EM132766550

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