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pduvin pduvin
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6 years ago
Museum Corporation uses the investment centre concept for the museums that it manages. Select operating data for three of its museums for the current year are as follows:

   Montreal   Toronto   Vancouver
Revenue   $300,000   $375,000   $450,000
Total assets   150,000   125,000   175,000
Net operating income   25,500   28,000   29,500

Required:
a.   Compute the return on investment for each division.
b.   Which museum manager is doing best based only on ROI?
c.   What other accounting performance measures are available when evaluating the managers?
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
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MunihasenMunihasen
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6 years ago
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pduvin Author
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6 years ago
This site is awesome
shangshang
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Yesterday
Smart ... Thanks!
Tabitha.davis
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2 hours ago
this is exactly what I needed
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