Bramble Corporation recorded operating data for its Waterhole division for the year. Bramble requires its...
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Accounting
Bramble Corporation recorded operating data for its Waterhole division for the year. Bramble requires its return to be 8.2%.
| Sales | $499000 |
| Controllable margin | 87000 |
| Total average assets | 362500 |
| Fixed costs | 27000 |
| Residual income | 50000 |
How much is ROI for the year?
24.00%
13.79%
27.11%
10.02%
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