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198 several items are missing from the following table of rate of return on investme 4298875

 

198. Several items are missing from the following table of rate of return on investment and residual income. Determine the missing items, identifying each item by the appropriate letter.
 

Invested
Assets

Income
from
Oper.

Rate of
Return
on Inv.

Min.
Rate of
Return

Min. Amt.
of Income
from
Oper.

Residual
Income

(a)

(b)

(c)

16%

$128,000

$10,000

$850,000

$153,000

(d)

12%

(e)

(f)

$825,000

(g)

20%

(h)

(i)

$24,000

(j)

$129,000

24%

(k)

$  60,000

(l)

 

 

 

 

 

 

 

 

 

199. The sales, income from operations, and invested assets for each division of Grosbeak Company are as follows:
 

 

Sales

Income from
Operations

Invested
Assets

Division E

$5,000,000

$550,000

$2,400,000

Division F

4,800,000

860,000

2,500,000

Division G

7,000,000

860,000

2,900,000

 

 

 

 

 

(a)

Using the expanded expression, determine the profit margin, investment turnover, and rate of return on investment for each division. Round to one decimal place.

(b)

Which division is the most profitable per dollar invested?

 

 

 

 

 

 

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