Retail Sales and Wholesale Sales are the only divisions of Terra Company. The following information was gathered for the two divisions for the current year: Retail Division Wholesale DivisionOperating income$6,900,000? $3,400,000? Operating assets$36,900,000? $16,900,000? The company has $1,900,000 in operating assets that are not assigned to either of the divisions and $290,000 in corporate expenses that are not reflected in the information above. Based on this information, what is the ROI for the company as a whole?
A. 17.97%
B. 19.14%
C. 38.82%
D. The answer cannot be determined using the information provided.
Answer: A
You might also like to view...
For a segment to meet the ________ criterion of usefulness, the marketer must be able to formulate effective programs for attracting and serving the segments
A) measurable B) substantial C) accessible D) differentiable E) actionable
Service businesses cannot measure the quality of their work
Indicate whether the statement is true or false
In order for a recognition program to work they must be _____________.
A. money driven B. fair C. communicated by the CEO D. focused on accomplishing goals E. reviewed quarterly
The criteria for recognition of a liability include which of the following?
a. The obligation represents a present obligation, not a potential future commitment or intent. b. The obligation exists as a result of a past transaction or exchange, called the obligating event. c. The obligation requires the probable future sacrifice of an economic resource that the firm has little or no discretion to avoid. d. The obligation has a relevant measurement attribute that the firm can quantify with sufficient reliability. e. all of the above