Round rate of return and return on investment


Presented below is selected financial information for two divisions of Capital Brewery. You are to supply the missing information. (Round your answers to 0 decimal places, i.e. 250,000, except round rate of return and return on investment to 2 decimal places, i.e. 15.25.)

Lager Lite Lager
Contribution margin $499,300 $299,200
Controllable margin 199,800
Average operating assets $ $1,001,000
Minimum rate of return % 15%
Return on investment 28% %
Residual income $91,000 $199,300

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Accounting Basics: Round rate of return and return on investment
Reference No:- TGS091060

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