Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 08 May 2018 My Price 6.00

City S City Branch

A firm has four branch offices throughout the state. Following are the operating results from last year. K City G City W City S City Branch office sales $300,000 $420,000 $  540,000 $606,000 Branch office profit 120,000 294,000 318,000 104,000 Average total assets 805,000 914,000 1,650,000 745,000 Which branch had the highest return on investment? A. K City. B. G City. C. W City. D. S City.          

 

A company has four regional divisions. A summary of financial results for the company is shown below.
 

North

East

South

West
 
 
 
 
 

Operating income

$1,000

$  5,000

$4,000

$  7,500

Assets

2,500

15,000

8,000

25,000

Liabilities

500

7,000

1,000

5,000

Total equity

2,000

8,000

7,000

20,000
Which division has the highest return on investment?
 
A. North.
B. East.
C. South.
D. West.

 

Answers

Maurice Tutor
(5)
Status NEW Posted 08 May 2018 06:05 PM My Price 6.00

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