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Bogey CoRecorded Operating Data for Its Cheap Division for the Year

question 105

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Bogey Co.recorded operating data for its Cheap division for the year.Bogey requires its return to be 10%.  Sales $1,400,000 Controllable margin 160,000 Total average assets 4,000,000 Fixed costs 100,000\begin{array}{lr}\text { Sales } & \$ 1,400,000 \\\text { Controllable margin } & 160,000 \\\text { Total average assets } & 4,000,000 \\\text { Fixed costs } & 100,000\end{array} What is the ROI for the year?


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