Describe the advantages of budgeting

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Problem 1

Required: In the space below, describe the advantages of budgeting.

Problem 2

"Required: Compute the ROI for each division below to two decimal places.

Which division has the best performance?"


Division A Division B Division C
Operating income                  245,000                 125,000                  350,000
Operating assets              1,200,000                 775,000              1,500,000

Reference no: EM13172771

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