I need help please!!! Wellness Pharmaceuticals is a small firm specializing in new products....
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I need help please!!!
Wellness Pharmaceuticals is a small firm specializing in new products. It is organized into two divisions, based on the products they produce. BD Division is smaller and the life of the products it produces tend to be shorter than those produced by the larger PM Division. Selected financial data for the past year is shown below. Divisional investment is as of the beginning of the year. Wellness Pharmaceuticals uses a 9 percent cost of capital and beginning-of-the-year investment when computing ROI and residual income. Ignore income taxes.e building. The following information (in $000s) appears in the accounting records for last year:
CoursHeroTranscribedText: BD Division PM Division Allocated Corporate Overhead $660 $1,980 Cost of Goods Sold 3,520 7,700 Divisional Investment 9,900 88,000 Research and Development 2,200 3,960 Sales 8,800 2,200 SG&A 770 1,683
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