The following information pertains to the three divisions of Vince Company: Division A Division B Division C Sales ? ? N
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The following information pertains to the three divisions of Vince Company: Division A Division B Division C Sales ? ? N
Company: Division A Division B Division C Sales ? ? Net operating income 48,000 18,000 420,000 ? Average operating assets (Invested assets) Return on investment ? 15% Profit Margin 0.2 0.015 Investment Turnover 2.1 Target ROI 17% 14% 1. What is ROI for Division A? 2. What are the sales for Division B? 3. What are the average operating assets for Division B? 4. What is the investment turnover for Division B? 5. What are the average operating assets for Division C? 6. What is the profit margin for Division C? 7. What is the investment turnover for Division C? ? 1,345,000 82,000 20% 8% ? ? ?
The following information pertains to the three divisions of Vince