An asterisk (*) will appear to the right of an incorrect entry in the income statement and above or below
elements in the equations. The essay answer will not be graded.
1.
Mutual Electronic Investment
Fund Brokerage Banking
Division Division Division
Fee revenue
Operating expenses
Operating income
2.
= Profit Margin x Investment Turnover
Sales
Mutual Fund Division:
Electronic Brokerage Division:
Investment Banking Division:
3.
x
ROI
=
x
=
ROI
=
x
=
=
Score:
Key Code:
Instructions
Problem 24(10)-3B
Name:
Section:
0%
[Key essay answer here]
[Key code here]
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E.F. Lynch Company
Divisional Income Statements
For the Year Ended June 30, 20Y8
=
Operating income
Sales
Invested Assets
ROI
=
x
An asterisk (*) will appear to the right of an incorrect entry in the income statement and above or below
elements in the equations. The essay answer will not be graded.
1.
Mutual Electronic Investment
Fund Brokerage Banking
Division Division Division
2.
Return on Investment (ROI) = Profit Margin x Investment Turnover
Sales
=
x
=
Electronic Brokerage Division:
x
=
=
x
=
=
3.
Return on Investment (ROI)
Operating Income
Sales
Invested Assets
=
x
Problem 24(10)-3B
Name:
Solution
Section:
ON
Cells with non-gray backgrounds are protected and cannot be edited.
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
For the Year Ended June 30, 20Y8
E.F. Lynch Company
Divisional Income Statements