Accounting help

Problem 1

Required: In the space below, describe the advantages of budgeting.

(10 points)

Problem 2

Required: Compute the ROI for each division below to two decimal places. (30 points)

Which division has the best performance? (10 points)

(40 points total)

Division A

Division B

Division C

Operating income

245,000

125,000

350,000

Operating assets

1,200,000

775,000

1,500,000