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Divisional Income Statements and Return on Investment Analysis E.F. Lynch Company is a diversified...

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Accounting

Divisional Income Statements and Return on Investment Analysis
E.F. Lynch Company is a diversified investment company with three operating divisions organized as investment centers. Condensed data taken from the records of the three divisions for the year ended June 30,20Y8, are as follows:
\table[[,\table[[Mutual Fund],[Division]],\table[[Electronic],[Brokerage],[Division]],\table[[Investment],[Banking],[Division]]],[Fee revenue,$1,260,000,$1,300,000,$1,280,000
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