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Gelneren [198K]
3 years ago
8

Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the

two divisions for the current year:___________.Retail Division Wholesale Division Operating income $ 7,500,000 $ 4,000,000 Operating assets $ 37,500,000 $ 17,500,000 Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole?
Business
1 answer:
MA_775_DIABLO [31]3 years ago
6 0

Answer:

20.91%

Explanation:

Operating Income:

= Operating Income of Retail Division + Operating Income of Wholesale Division

= $7,500,000 + $4,000,000

= $11,500,000

Operating Assets:

= Operating Assets of Retail Division + Operating Assets of Wholesale Division

= $37,500,000 + $17,500,000

= $55,000,000

ROI = (Operating Income ÷ Operating Assets) × 100

= ($11,500,000 ÷ $55,000,000) × 100

= 20.91%

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Your car averages 28 miles per gallon (MPG). Your trip to work averages 14 miles. Gas costs 2.89 per gallon. What do you spend o
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3 years ago
brazil spent billions of dollars to host the soccer world cup and the summer olympics. the opportunity cost of hosting these eve
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The opportunity cost of hosting these events is the next best alternative bundle of goods and services that could be provided.

<h3>What is meant by opportunity cost?</h3>

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San Ruiz Interiors provides design services to residential and commercial clients. The residential services produce a contributi
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Is a better scenario to continue with the residential sercives

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