Selected information about American Industries is presented below.American has three operating divisions and requires a 12% return on all investments:
$\begin{array}{lccc}
&\text { Eastern Division }&\text { Central Division }&\text { Western Division }\
\text { Revenues } & \$ 1,000,000& ? & ? \
\text { Operating income } & \$ 120,000 & ? & \$ 100,000\
\text { Operating assets } & \$ 500,000 & \$ 300,000 &?\
\text { Margin } & ? & 12 \% & ? \
\text { Turnover } & ? & 1 \text { turn } & \text { 2turns } \
\text { ROI } & ? & ? & ? \
\text { Residual income } & ? & ? & \$ 25,000
\end{array}$
Calculate the missing amounts for each division.

Question

Selected information about American Industries is presented below.American has three operating divisions and requires a 12% return on all investments:
 $\begin{array}{lccc}
&\text { Eastern Division }&\text { Central Division }&\text { Western Division }\
\text { Revenues } & \$ 1,000,000& ? & ? \
\text { Operating income } & \$ 120,000 & ? & \$ 100,000\
\text { Operating assets } & \$ 500,000 & \$ 300,000 &?\
\text { Margin } & ? & 12 \% & ? \
\text { Turnover } & ? & 1 \text { turn } & \text { 2turns } \
\text { ROI } & ? & ? & ? \
\text { Residual income } & ? & ? & \$ 25,000
\end{array}$ 
Calculate the missing amounts for each division.

Quizplus · Accepted Answer

The Answer of Selected information about American Industries is presented below.American has three operating divisions and requires a 12% return on all investments:
 $\begin{array}{lccc}
&\text { Eastern Division }&\text { Central Division }&\text { Western Division }\
\text { Revenues } & \$ 1,000,000& ? & ? \
\text { Operating income } & \$ 120,000 & ? & \$ 100,000\
\text { Operating assets } & \$ 500,000 & \$ 300,000 &?\
\text { Margin } & ? & 12 \% & ? \
\text { Turnover } & ? & 1 \text { turn } & \text { 2turns } \
\text { ROI } & ? & ? & ? \
\text { Residual income } & ? & ? & \$ 25,000
\end{array}$ 
Calculate the missing amounts for each division.

Selected Information About American Industries Is Presented Below Calculate the Missing Amounts for Each Division