Flowers Associates is evaluating the performance of three divisions
June 8th, 2024
Flowers Associates is evaluating the performance of three divisions: Daisies, Pansies, and Tulips. Using the data that follow, compute the return on investment and residual income for each division, compare the divisions’ performance, and comment on the factors that influenced performance.Daisies Pansies TulipsSales $50,000 $50,000 $50,000Operating income $10,000 $10,000 $20,000Assets invested $25,000 $12,500 $25,000Desired ROI 30% 30% 30%