The Following Is Divisional Information for Randolph Enterprises The Target Rate of Return Is 12% for the East

question 96

Essay

The following is divisional information for Randolph Enterprises:
$$\begin{array} { | l | r | r | } \hline & \text { East Division } & { \text { West Division } } \\\hline \text { Operating income } & \$ 250,000 & \$ 200,000 \\\hline \text { Net sales } & 2,225,000 & 1,575,000 \\\hline \text { Total assets at Jan. 1 } & 1,500,000 & 840,000 \\\hline \text { Total assets at Dec . 31 } & 1,200,000 & 1,000,000 \\\hline\end{array}$$ The target rate of return is 12% for the East Division and is 10% for the West Division.
Compute the return on investment for each division.(Round to one decimal place.)

---

Definitions:

Jump In Place

A physical activity that involves jumping vertically without moving from one's location, often used as an exercise.

Growth Graphs

Charts used to track the physical development of an individual over time, typically used for children to monitor stature, weight, and head circumference.

Nutritional Disorders

Health issues that occur due to an inadequate or excessive intake of nutrients, affecting bodily functions and overall health.

Disposable

Items designed for single use before being discarded, often used for hygienic purposes or convenience.