Homework Answers
Capital employed = Total assets
= $1,500,000
Capital turnover = Sales/Capital employed
= 11,000,000/1,500,000
= 7.33
Correct option is B.
Kindly comment if you need further assistance. Thanks‼!
Add Answer to:
Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last...
Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last...
Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands). Management's target rate of return is 55% and the weighted average cost of capital is 10%. Its effective tax rate is 25%. Sales $ 6 comma 000 comma 000$6,000,000 Operating income 1 comma 800 comma 0001,800,000 Total assets 3 comma 500 comma 0003,500,000 Current liabilities 840 comma 000840,000 What is the division's Residual Income (RI)? a. $406,250 b. $1,500,000 c. $1,450,000...
Asun 30% k ing Shoes division of the All About Shoes Corporation had the following results...
Asun 30% k ing Shoes division of the All About Shoes Corporation had the following results last year in thousands). Management's targetrate ofretum is and the weighted average cost of capital 25%. Its atfective tax rate Sales Operating income Totales Current bites $10.000.000 2.000.000 4.000.000 What is the division's tais margin OA 250.00% OB. 50.00% OD. 1925
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands)....
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales $4,200,000 Operating income $840,000 Total assets $1,500,000 Current liabilities $220,000 Management's target rate of return is 22% and the weighted average cost of capital is 15%. What is the Top Hat Division's Return on Investment (ROI)? O A 5.24% OB. 20.00% OC. 280.00% OD. 56.00%
21 of 40 celot Corporation had the following results last year (in thousands). Management's target rate...
21 of 40 celot Corporation had the following results last year (in thousands). Management's target rate of retum is 5 % and the weighted average cost of capital is 30%. Its effective tax rate is 25 % ales perating income otal assets Current liabilites $25,000,000 2,700,000 6.000,000 5,520,000 What is the division's Return on Investment (ROI)? OA. 45.00% OB. 10.80 % OC 48.91 % O D. 222.22%
The Top Hat Division of Blandon's Fine Menswear had the following results last year in thousands)....
The Top Hat Division of Blandon's Fine Menswear had the following results last year in thousands). Sales $4,200,000 Operating income $840,000 Total assets $1,500,000 Current liabilities $290,000 Management's target rate of return is 10% and the weighted average cost of capital is 9% What is the Top Hat Division's sales margin? O A. 280.00% OB. 6.90% O c. 20.00% OD. 56.00%
Assume the Residential Division of Kindle Faucets had the following results last year: Net sales revenue...
Assume the Residential Division of Kindle Faucets had the following results last year: Net sales revenue Operating income Average total assets Managements target rate of return What is the division's profit margin ratio? $ 10,200,000 1,020,000 5,100,000 13% OA, 200% O B. 1,000% OC, 20% O D. 10%
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands)...
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands) Sales Operating income Total assets Current liabilities $4,200,000 $840,000 $1,500,000 $290,000 Management's target rate of return is 24% and the weighted average cost of capital is 17% What is the Top Hat Division's Return on Investment (ROI)? 6.90% 56.00% 20.00% 280.00%
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands)....
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales Operating income Total assets Current liabilities $4,200,000 $840,000 $1,500,000 $260,000 Management's target rate of return is 11% and the weighted average cost of capital is 8%. What is the Top Hat Division's Residual Income (RI)? $580,000 $336,000 $675,000 $378,000
Assume the Residential Division of Kindle Faucets had the following results last year Net sales revenue...
Assume the Residential Division of Kindle Faucets had the following results last year Net sales revenue Operating income Average total assets Management's target rate of retum $ 17,340,000 2,601,000 5,100,000 15% What is the division's RI? O A. $(1,873,500) OB. $1,873,500 O C. 1,836,000 OD. $(1,836,000) Click to select your answer
Assume the Residential Division of Kopper Faucets had the following results last year: Net sales revenue...
Assume the Residential Division of Kopper Faucets had the following results last year: Net sales revenue $ 16,000,000 Operating income 2,400,000 Average total assets 5,000,000 Management's target rate of return What is the division's ROI? O A. 48% OB. 320% OC. 208% OD. 15%
Asun 30% k ing Shoes division of the All About Shoes Corporation had the following results last year in thousands). Management's targetrate ofretum is and the weighted average cost of capital 25%. Its atfective tax rate Sales Operating income Totales Current bites $10.000.000 2.000.000 4.000.000 What is the division's tais margin OA 250.00% OB. 50.00% OD. 1925
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales $4,200,000 Operating income $840,000 Total assets $1,500,000 Current liabilities $220,000 Management's target rate of return is 22% and the weighted average cost of capital is 15%. What is the Top Hat Division's Return on Investment (ROI)? O A 5.24% OB. 20.00% OC. 280.00% OD. 56.00%
21 of 40 celot Corporation had the following results last year (in thousands). Management's target rate of retum is 5 % and the weighted average cost of capital is 30%. Its effective tax rate is 25 % ales perating income otal assets Current liabilites $25,000,000 2,700,000 6.000,000 5,520,000 What is the division's Return on Investment (ROI)? OA. 45.00% OB. 10.80 % OC 48.91 % O D. 222.22%
The Top Hat Division of Blandon's Fine Menswear had the following results last year in thousands). Sales $4,200,000 Operating income $840,000 Total assets $1,500,000 Current liabilities $290,000 Management's target rate of return is 10% and the weighted average cost of capital is 9% What is the Top Hat Division's sales margin? O A. 280.00% OB. 6.90% O c. 20.00% OD. 56.00%
Assume the Residential Division of Kindle Faucets had the following results last year: Net sales revenue Operating income Average total assets Managements target rate of return What is the division's profit margin ratio? $ 10,200,000 1,020,000 5,100,000 13% OA, 200% O B. 1,000% OC, 20% O D. 10%
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands) Sales Operating income Total assets Current liabilities $4,200,000 $840,000 $1,500,000 $290,000 Management's target rate of return is 24% and the weighted average cost of capital is 17% What is the Top Hat Division's Return on Investment (ROI)? 6.90% 56.00% 20.00% 280.00%
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales Operating income Total assets Current liabilities $4,200,000 $840,000 $1,500,000 $260,000 Management's target rate of return is 11% and the weighted average cost of capital is 8%. What is the Top Hat Division's Residual Income (RI)? $580,000 $336,000 $675,000 $378,000
Assume the Residential Division of Kindle Faucets had the following results last year Net sales revenue Operating income Average total assets Management's target rate of retum $ 17,340,000 2,601,000 5,100,000 15% What is the division's RI? O A. $(1,873,500) OB. $1,873,500 O C. 1,836,000 OD. $(1,836,000) Click to select your answer
Assume the Residential Division of Kopper Faucets had the following results last year: Net sales revenue $ 16,000,000 Operating income 2,400,000 Average total assets 5,000,000 Management's target rate of return What is the division's ROI? O A. 48% OB. 320% OC. 208% OD. 15%
Most questions answered within 3 hours.
-
In #13-16, use the following information. At the 0.01 level of
significance, test the claim that...
asked 30 seconds from now -
Suppose you wanted to make a buffer with pH 3.00. What chemicals
would you grab off...
asked 18 minutes ago -
A 195 g mass attached to a horizontal spring oscillates at a
frequency of 5.20 Hz...
asked 3 minutes ago -
Given the reaction where 1.00 mol H2(g) is burned in excess
O2(g) at 25 °C,
H2(g)...
asked 12 minutes ago -
Many celebrities and public figures have Twitter accounts with
large numbers of followers. However, some of...
asked 20 minutes ago -
Elemental phosphorus is produced by the reaction, 2Ca3(PO4)2
+6SiO2 +10C→6CaSiO3 +10CO+P4 Suppose that you have 7.00...
asked 19 minutes ago -
A nationwide survey found that 64% of people in the
Kingdom like Berger. If 3 people...
asked 32 minutes ago -
CYTOGENETIC MAPS VS LINKAGE MAPS
how do you read and extract information from cytogenetic and
linkage...
asked 33 minutes ago -
What volume of a 0.251 M perchloric
acid solution is required to neutralize
14.6 mL of...
asked 33 minutes ago -
Amplitude=3;
fs=8000;
n=0:399;
t=0:1/fs: n*1/fs-1/fs;
signal=3+3*cos(2*pi*1100*t)+3*cos(2*pi*2200*t)+3*cos(2*pi*3300*t);
fftSignal= fft(signal);
fftSignal=f ftshift (fftSignal);
f=fs/2*linspace(-1,1,fs);
plot(f,abs(fftsignal);
xlabel('Frequency(Hz)’)
yla
asked 34 minutes ago -
Write a method called removeDuplicates that
accepts a PriorityQueue of integers as a parameter
and modifies...
asked 36 minutes ago -
What is the wavelength, in cm, of a microwave having a frequency
of 3.44 x 10^9...
asked 54 minutes ago