For its three investment centers, Gerrard Company accumulates the following data: The centers expect the...
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Accounting
For its three investment centers, Gerrard Company accumulates the following data: The centers expect the following changes in the next year: (I) increase sales 16%; (II) decrease costs $359,000; (III) decrease average operating assets $493,000. Compute the expected return on investment (ROI) for each center, Assume center I has a controllable margin percentage of 74%
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