Oil Division
The Oil Division is one of the operating units of Automotive Solutions,Inc.The following operating data of the division is presented below:
$\begin{array}{ll}
\text { Sales } & \$ 3,000,00 \
\text { Profit margin } & 10 \% \
\text { Target return } & 15 \% \
\text { Residual income } & \$ 60,000
\end{array}$

Refer to Oil Division.What was the return on investment for the Oil Division?

Question

Oil Division
The Oil Division is one of the operating units of Automotive Solutions,Inc.The following operating data of the division is presented below:
 $\begin{array}{ll}
\text { Sales } & \$ 3,000,00 \
\text { Profit margin } & 10 \% \
\text { Target return } & 15 \% \
\text { Residual income } & \$ 60,000
\end{array}$
 
Refer to Oil Division.What was the return on investment for the Oil Division?

Quizplus · Accepted Answer

The Answer of Oil Division
The Oil Division is one of the operating units of Automotive Solutions,Inc.The following operating data of the division is presented below:
 $\begin{array}{ll}
\text { Sales } & \$ 3,000,00 \
\text { Profit margin } & 10 \% \
\text { Target return } & 15 \% \
\text { Residual income } & \$ 60,000
\end{array}$
 
Refer to Oil Division.What was the return on investment for the Oil Division?

Oil Division the Oil Division Is One of the Operating

Oil Division
the Oil Division Is One of the Operating