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Bogey CoRecorded Operating Data for Its Cheap Division for the Year

Question 137

Multiple Choice

Bogey Co.recorded operating data for its Cheap division for the year.Bogey requires its return to be 10%.  Sales $1,400,000 Controllable margin 160,000 Total average assets 4,000,000 Fixed costs 100,000\begin{array}{lr}\text { Sales } & \$ 1,400,000 \\\text { Controllable margin } & 160,000 \\\text { Total average assets } & 4,000,000 \\\text { Fixed costs } & 100,000\end{array} What is the ROI for the year?


A) 4%
B) 35%
C) 6%
D) 1.5%

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