Problem 1
Required: In the space below, describe the advantages of budgeting.
Problem 2
"Required: Compute the ROI for each division below to two decimal places.
Which division has the best performance?"
|
Division A |
Division B |
Division C |
| Operating income |
245,000 |
125,000 |
350,000 |
| Operating assets |
1,200,000 |
775,000 |
1,500,000 |