Answer the following questions using the information below:
The top management at Watersport Company, a manufacturer of water sport equipment, is attempting to recover from a fire that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:
-Museum Corporation uses the investment centre concept for the museums that it manages.Select operating data for three of its museums for 2017 are as follows:
Required:
a.Compute the return on investment for each division.
b.Which museum manager is doing best based only on ROI? Why?
c.What other factors should be included when evaluating the managers?
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Correct Answer:
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b.Canberra was doing the best because...
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