Question

The Box Manufacturing Division of the Alled Paper Company reported the folowing results from the past year Sharehokders nequi
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Capital Turnover = Sales divided by Total assets

= $ 3,00,000 / $ 15,00,000 = 0.20

So the Capital turnover is 0.20

Add a comment
Know the answer?
Add Answer to:
The Box Manufacturing Division of the Alled Paper Company reported the folowing results from the past...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The Box Manufacturing Division of the Allied Paper Company reported the following results from the past...

    The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 6​%. Management calculated a weighted−average cost of capital​ (WACC) of 3​%. ​Allied's corporate tax rate is 35​%. Sales $900,000 Operating income 135,000 Total assets 1,500,000 Current liabilities 600,000 What is the​ division's Residual Income​ (RI)? A. $81,000 B. $47,250 C. $45,000 D. $90,000

  • This Uusz: do pls po The Box Manufacturing Division of the Alied Paper Company reported the...

    This Uusz: do pls po The Box Manufacturing Division of the Alied Paper Company reported the following results from the past year Shareholders require a retum of 4% Management calculated a weighted average cost of capital (WACC) of 2% Allied's corporate tax rate is 40% Sales $800,000 Operating income 320.000 Total assets 1,600.000 Current liabilities 600.000 What is the division's sales margin? O A 37.50% OB. 40.00% OC 20.00% OD 50.00%

  • is Question: 1 pt The Box Manufacturing Division of the Alied Paper Company reported the following...

    is Question: 1 pt The Box Manufacturing Division of the Alied Paper Company reported the following results from the past year, Shareholders require a return of 6% Management calculated a weighted average cost of capital (WACC) of 5 Ali's corporate tax rate is 25% $500.000 Operating income 150.000 Totales 1400.000 Currenties 100 000 What is the division's Residual income (RY? OA $37.500 OB 566,000 OC. $120.000 OD. $80.000

  • The Rainy Division of Seattle Corporation reported the following results from the past year. Shareholders require...

    The Rainy Division of Seattle Corporation reported the following results from the past year. Shareholders require a retu is 25% of 5% Management calculated a weighted-average cost of captal (VACC) of 3% Rainy's corporate tax rate s000,000 Sales Operating income Total assets Current fabilties 180,000 1,300,000 300,000 What is the division's Residual Income (RI OA $115.000 OB $150,000 Oc. $30,000 OD. $180,000

  • The Rainy Division of Seattle Corporation reported the following results from the past year. Shareholders require...

    The Rainy Division of Seattle Corporation reported the following results from the past year. Shareholders require a return of 11% Management calculated a weighted-average cost of capital (WACC) of 2%. Rainy's corporate tax rate is 30 %. $900.000 225,000 $1,700,000 800,000 Sales Operating income Total assets Current liabilities What is the division's Residual Income (RI)? O $99,000 O $126.000 O $225.000 O $38,000

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT