Batman Abstract Company has three divisions that operate autonomously. Their results for 2009 are as follows:
The company's desired rate of return is 20%.
Required:
a. Compute each division's ROI.
b. Compute each division's residual income.
c. Rank each division by both ROI and residual income.

Question

Batman Abstract Company has three divisions that operate autonomously. Their results for 2009 are as follows:
  The company's desired rate of return is 20%.
Required:
a. Compute each division's ROI.
b. Compute each division's residual income.
c. Rank each division by both ROI and residual income.

Quizplus · Accepted Answer

The Answer of Batman Abstract Company has three divisions that operate autonomously. Their results for 2009 are as follows:
  The company's desired rate of return is 20%.
Required:
a. Compute each division's ROI.
b. Compute each division's residual income.
c. Rank each division by both ROI and residual income.

Batman Abstract Company Has Three Divisions That Operate Autonomously