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

question 256

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.)

Understand the distinctions between market and command economies, including their impacts on economic outcomes.

Analyze the influence of government and political hierarchy in different economic systems.

Describe the management and assessment of business risks within market systems.

Acknowledge the essential characteristics and benefits of private property rights in promoting economic activity.

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Definitions:

Postoperative Instructions

Guidelines given to patients after surgery to ensure proper healing and recovery, including care of the surgical site, medication details, and activity restrictions.

Medical Assistant

A healthcare professional who performs administrative and clinical tasks to support patient care in medical settings.

Procedure Performed

A medical or surgical action or operation carried out to diagnose or treat a disease, injury, or condition.

Medical Record

A comprehensive document that contains a patient's health history, treatments received, and progress notes, maintained by healthcare providers.