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Find what is the return on investment for the center

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Reference no: EM133003847

The data for an investment center is given below.

                                                1/1/20               12/31/20

Current assets                  $300,000               $700,000

Plant assets                     3,000,000             4,000,000

Idle plant assets                250,000                 330,000

Land held for future use        1,200,000          1,200,000

The controllable margin is $760,000.

Problem 1: What is the return on investment for the center for 2020?

Reference no: EM133003847

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