Acct301 Accounting: Week 6 Homework (2 Problems)

Acct301 Accounting
Week 6

Problem 1
Required: In the space below, describe the advantages of budgeting. (10 points)

Problem 2
Required: Compute the ROI for each division below to two decimal places. (30 points)
Which division has the best performance? (10 points)
(40 points total)
Division A Division B Division C
Operating income 245,000 125,000 350,000
Operating assets 1,200,000 775,000 1,500,000
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