acct5

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acct6.xlsx

Problem 1

Problem 1
Required: In the space below, describe the advantages of budgeting.
(10 points)

Problem 2

Problem 2
Required: Compute the ROI for each division below to two decimal places. Which division has the best performance?
Division A Division B Division C
Operating income 245,000 125,000 350,000
Operating assets 1,200,000 775,000 1,500,000