Determining Missing Items from Computations
Data for the North, South, East and West divisions of Free Bird
Company are as follows:
Sales
Income from Operations
Invested Assets
Return on
Investment
Profit
Margin
Investment Turnover
North
$860,000
(a)
(b)
17.5%
7.0%
(c)
South
(d)
$51,300
(e)
(f)
4.5%
3.8
East
$1,020,000
(g)
$680,000
15.0%
(h)
(i)
West
$1,120,000
$89,600
$560,000
(j)
(k)
(l)
a. Determine the missing items, identifying
each by the letters (a) through (l). If required, round percents
and...