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Zims, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer type: professional and residential. The following divisional information was available for the past year: E (Click the icon to view the information.) Read the reguirements. Requirement 1. Calculate each division's ROI. Round all of your answers to four decimal places. Begin by selecting the formula to calculate return on investment (ROI), and then enter the amounts to calculate each division's ROI. (Enter your answer as a percent rounded to two decimal places, X.XX%) Operating income Average total assets ROI Residential Data Table Net Sales Revenue Operating Income Average Total Assets Residential 550.000 $ 65,280 $ 192,000 Professional 1,090,000 164,820 402,000 Management has a 26% target rate of return for each division.

Zims, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer type: professional and residential. The following divisional information was available for the past year: E (Click the icon to view the information.) Read the reguirements. Requirement 1. Calculate each division's ROI. Round all of your answers to four decimal places. Begin by selecting the formula to calculate return on investment (ROI), and then enter the amounts to calculate each division's ROI. (Enter your answer as a percent rounded to two decimal places, X.XX%) Operating income Average total assets ROI Residential Data Table Net Sales Revenue Operating Income Average Total Assets Residential 550.000 $ 65,280 $ 192,000 Professional 1,090,000 164,820 402,000 Management has a 26% target rate of return for each division.

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter10: Decentralization: Responsibility Accounting, Performance Evaluation, And Transfer Pricing
Section: Chapter Questions
Problem 7E: Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division....
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Zims, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer type: professional and residential. The following divisional information was available for the past year: E (Click the icon to view the information.) Read the requirements. Requirement 1. Calculate each division's ROI. Round all of your answers to four decimal places. Begin by selecting the formula to calculate return on investment (ROI), and then enter the amounts to calculate each division's ROI. (Enter your answer as a percent rounded to two decimal places, X.XX%) Operating income Average total assets ROI Residential |% - X Data Table Net Sales Revenue Operating Income Average Total Assets Residential 2$ 550,000 $ 65,280 $ 192,000 Professional 1,090,000 164.820 402,000 Management has a 26% target rate of return for each division.
Transcribed Image Text:Zims, a national manufacturer of lawn-mowing and snow-blowing equipment, segments its business according to customer type: professional and residential. The following divisional information was available for the past year: E (Click the icon to view the information.) Read the requirements. Requirement 1. Calculate each division's ROI. Round all of your answers to four decimal places. Begin by selecting the formula to calculate return on investment (ROI), and then enter the amounts to calculate each division's ROI. (Enter your answer as a percent rounded to two decimal places, X.XX%) Operating income Average total assets ROI Residential |% - X Data Table Net Sales Revenue Operating Income Average Total Assets Residential 2$ 550,000 $ 65,280 $ 192,000 Professional 1,090,000 164.820 402,000 Management has a 26% target rate of return for each division.
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