Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%. $$\begin{array} { l r }
\text { Sales } & \$ 1,400,000 \
\text { Controllable margin } & 160,000 \
\text { Total average assets } & 4,000,000 \
\text { Fixed costs } & 100,000
\end{array}$$ What is the ROI for the year?

Question

Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%. $$\begin{array} { l r } 
\text { Sales } & \$ 1,400,000 \
\text { Controllable margin } & 160,000 \
\text { Total average assets } & 4,000,000 \
\text { Fixed costs } & 100,000
\end{array}$$ What is the ROI for the year?

Quizplus · Accepted Answer

The Answer of Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%. $$\begin{array} { l r } 
\text { Sales } & \$ 1,400,000 \
\text { Controllable margin } & 160,000 \
\text { Total average assets } & 4,000,000 \
\text { Fixed costs } & 100,000
\end{array}$$ What is the ROI for the year?

Bogey Co Recorded Operating Data for Its Cheap Division for the the Year