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Anarel [89]
3 years ago
12

Assume the Electronics Division of ABC Electronics had the following data from last year: Net sales $100,000 Operating income $3

0,000 Average total assets 150,000 Management’s target rate of return 15% What is the division’s return on investment?
Business
1 answer:
gregori [183]3 years ago
3 0

Answer:

20%

Explanation:

The computation of the return on investment is shown below:

Return on investment = Operating income ÷ average total assets

where,

Operating income is $30,000

And, the average total assets is $150,000

So, the return on investment is

= $30,000 ÷ $150,000

= 20%

By dividing the operating income with the average total assets we can het the return on investment

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Answer:

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Explanation:

Starting from the two first column of the unadjusted trial balance The accountant will prepare and complete the adjusting entries section. After that, the combination of the unadjusted TB and the adjusting entries will give the adjusted trial balance.  After that, the account balance is distributed according to the financial statement --> Balance sheet and income statement.

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Answer:

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Answer:

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