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K Question 1 (of 5) value: 2.00 points You must prepare a return on investment a

ID: 2431166 • Letter: K

Question


K Question 1 (of 5) value: 2.00 points You must prepare a return on investment analysis for the regional manager of Fast & Great Burgers. This growing chain is trying to decide which outlet of two alternatives to open. The first location (A) requires a $500,000 average investment and is expected to yield annual net income of $65,000. The second location (B) requires a $200,000 average investment and is expected to yield annual net income of $40,000. Compute the return on investment for each Fast & Great Burgers alternative. Return on Investment Numerator Denominator ROI ROI tion A Location B

Explanation / Answer

Return on Investment for each location for Fast and Great Burgers

                  Return on investment

Numerator

/

Denominator

=

Return on investment

         

/

=

ROI

Location A

$ 65000

/

$ 5,00,000

=

13%

Location B

$ 40,000

/

$ 2,00,000

=

20%

Working Note:

Return on Investment(By Net Income Method)=Net Income/Average Investment*100

                  Return on investment

Numerator

/

Denominator

=

Return on investment

         

/

=

ROI

Location A

$ 65000

/

$ 5,00,000

=

13%

Location B

$ 40,000

/

$ 2,00,000

=

20%