The following information relates to the operating performance of two divisions of Sound Machine,Inc. ,for last year.
Required:
a.Compute the return on investment (ROI)of each division,using total assets at gross book value as the investment base.
b.Compute the ROI of each division,using total assets net of accumulated depreciation (net book value)as the investment base.
c.Which of the two measures do you think gives the better indication of operating performance? Explain your reasoning.
Definitions:
Election Office
A government office responsible for organizing and overseeing elections, including voter registration and ballot counting.
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An online platform designed to simplify the voter registration process for US citizens, making it easier for them to register to vote.
Revising
The process of reviewing and altering content to improve clarity, coherence, and overall quality, typically in writing.
First Draft
The initial version of a document or creative work, often rough and subject to significant revision.
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