Compute return on assets for each of these best buy


Question: Compute return on assets for each of these Best Buy divisions (each is an investment center). Comment on the relative performance of each investment center. Round percents to one decimal.

Investment Center                    Net Income                       Average Assets                 Return on Assets

Cameras and camcorders . . . . . $4,500,000                           $20,000,000                      _________

Phones and communications . . 1,500,000                                 12,500,000                     _________

Computers and accessories . . . . 800,000                                 10,000,000                     _________

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Accounting Basics: Compute return on assets for each of these best buy
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