Karl and Grady are managers of two product lines for Brewster Company. One of them is a candidate for promotion based on performance. Using the data below, determine who had the better performance using performance measures such as net income, profit margin, and return on investment. Show your calculations and support your answer.?KarlGradyRevenue....................$412,000$450,000Costs........................380,000411,000Average Assets.........400,000600,000
What will be an ideal response?
| Karl | ? | Grady |
| NI ($412,000-380,000) = 32,000 | ? | ($450,000-411,000) = $39,000 |
| Average total assets $400,000 | ? | $600,000 |
| Return on Investment 8% | ? | 6.5% |
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What will be an ideal response?
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