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Brief Exercise 22-9 For its three investment centers, Gerrard Company accumulates the following...

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Accounting

Brief Exercise 22-9
For its three investment centers, Gerrard Company accumulates the following data:
I
II
III
Sales $2,062,000 $3,914,000 $3,905,000
Controllable margin 848,640 2,161,620 4,103,120
Average operating assets 4,992,000 8,006,000 12,068,000
Compute the return on investment (ROI) for each center.
I
II
III
The return on investment
%
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Brief Exercise 22-9 For its three investment centers, Gerrard Company accumulates the following data: Sales Controllable margin Average operating assets $2,062,000 $3,914,000 $3,905,000 848,640 2,161,620 4,103,120 4,992,000 8,06,000 12,068,000 Compute the return on investment (ROI) for each center. I1 The return on investment Click if you would like to Show Work for this question: Open Show Work

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