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Question: Corners Ltd. owns and manages three convenience

Corners Ltd. owns and manages three convenience stores. The following information has been collected for the year 2015:
Corners Ltd. owns and manages three convenience stores. The following information has been collected for the year 2015:

1. Compute the ROI for each store, where investment is measured at (a) historical cost and (b) current cost.
2. How would you judge the performance of each store?

Required: 1. Compute the ROI for each store, where investment is measured at (a) historical cost and (b) current cost. 2. How would you judge the performance of each store?

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Jane and Major Mackenzie and Keele Weston and Rutherford Langstaff $ 33,000 $ 28,000 $ 50,000 Operating income $15,000 Historical cost of investment $100,000 $30,000 Current cost of investment $120,000 $135,000 $80,000 Age of store 5 2 4

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