The data for an investment center is given below. january 1, 2016 december 31, 2016 current assets $ 400,000 $ 800,000 plant assets 3,000,000 3,800,000 the controllable margin is $440,000. compute the return on investment for the center for 2016. return on investment %.

Return on investment = 11%

Explanation:

given data

                           January 1, 2016                  December 31, 2016

Current Assets       $400,000                      $800,000

Plant Assets             3,000,000                    3,800,000

controllable margin = $440,000

to find out

Return on Investment

solution

we get her Return on investment that is express as

Return on investment = Controllable margin ÷ Average Total assets    ..............1

here  Controllable margin is

Controllable margin =

Controllable margin = $440000

and Average Total assets is

Average Total assets =

Average Total assets = $4000000

so that

Return on investment =

Return on investment = 11%

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