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Answer: Option ( B ) 33.33%
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Rererence: 12-12 The Sherlock Division recorded operating data as follows for the past year:...
The Reed Division reports the following operating data for the past two years: T Year 2...
The Reed Division reports the following operating data for the past two years: T Year 2 T Year 1 16% 2.5 ? $42.400 $84,800 Margin Turnover Average operating assets Net operating Income Stockholders' equity Sales 2 $240.000 T The return on investment at Reed was exactly the same in Year 1 and Year 2 Average operating assets in Year 1 were: $202,000 O O $240,000 $215,000 $106.000
Agustin Industries is a division of a major corporation. Data concerning the most recent year appears...
Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below. Sales Net operating income Average operating assets $17,000,000 $ 1,581,000 $5,000,000 The division's return on investment (ROI) is closest to: Multiple Choice O 31.62% O 72% C The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $750,000 $ 45,000 $ 250,000 $ 75,000 $ 15,000 For the past year,...
The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income...
The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $940,000 $ 83,000 $ 440,000 $ 94,000 $ 34,000 For the past year, the minimum required rate of return was: Multiple Choice o 68.00% o 11.14% C ... ... ... ... ..... . For the past year, the minimum required rate of return was: Ο Ο 68.00% Ο 11.14% Ο 8.83% Ο 33.41%
The Portland Division's operating data for the past two years is as follows: Year 1 Year...
The Portland Division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 16% 32% Net operating income ? $296,000 Turnover ? 2 Margin ? ? Sales $1,900,000 ? The Portland Division's margin in Year 2 was 100% of the margin for Year 1. The average operating assets for Year 2 were: $475,000 $125,000 $925,000 $525,000
1. The following data are available for the Northern Division of Comet Products and the single...
1. The following data are available for the Northern Division of Comet Products and the single product it makes: Unit selling price $60 Variable cost per unit $36 Annual fixed costs $840,000 Average operating assets $4,500,000 How many units must the Northern Division sell each year to have an ROI of 16%? 2. The Southern Division of Schuler Enterprises recorded operating data as follows for the past year: Sales $600,000 Net operating income 75,000 Average operating assets 300,000 Stockholders’ equity...
Coolbrook Company has the following information available for the past year: River Division Stream Division Sales...
Coolbrook Company has the following information available for the past year: River Division Stream Division Sales revenue $ 1,206,000 $ 1,808,000 Cost of goods sold and operating expenses 898,000 1,297,000 Net operating income $ 308,000 $ 511,000 Average invested assets $ 1,150,000 $ 1,460,000 The company’s hurdle rate is 6.01 percent. Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. 2. Recalculate ROI and residual income for the division for each independent...
Beta Inc has the following data for last years operations: Sales................................ $100,000 Net Operating Income........ $6,000...
Beta Inc has the following data for last years operations: Sales................................ $100,000 Net Operating Income........ $6,000 Average Operating Assets... $40,000 Stockholders Equity............... $25,000 Minimum Required rate of return. 10% a) Compute Residual Income b) Compute return of investment Alpha Corp reported operating data as follows for the past year: Sales..................$600,000 Net Operating Income....$30,000 Average Operating Assets....$200,000 Stakeholders Equity.................. $50,000 Residual Income........................ $14,000 a) Calculate Alpha's Minimum Rate of Return b)Alpha's Margin c) Alpha's turnover
Silver Company Divisional Income Statements For the Year Ending December 31, 20Y8 Division A Division B...
Silver Company Divisional Income Statements For the Year Ending December 31, 20Y8 Division A Division B Division C $960,000 (564,500) (675,000) (170,000) $900,000 Sales Revenue Operating expenses Operating income before service department charges $395,500 Service department charges Operating income Additional financial data from the three divisions of the Silver Company are shown $320,000 $225,000 $150,000 (70,000) $80,000 (275,500) (135,000) $120,000 $90,000 Division A Division B Division C Invested assets $1,000,000 $600,000 $400,000 Calculate the return on investment for each division....
Coolbrook Company has the following information available for the past year: River Division Stream Division Sales...
Coolbrook Company has the following information available for the past year: River Division Stream Division Sales revenue $ 1,218,000 $ 1,803,000 Cost of goods sold and operating expenses 887,000 1,297,000 Net operating income $ 331,000 $ 506,000 Average invested assets $ 1,030,000 $ 1,510,000 The company’s hurdle rate is 7.76 percent. Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. River Division Stream Division ROI % % Residual Income (Loss) 2. Recalculate...
Coolbrook Company has the following information available for the past year: River Division $1,219,000 890,000 Stream...
Coolbrook Company has the following information available for the past year: River Division $1,219,000 890,000 Stream Division Sales revenue Cost of goods sold and operating expenses $ 1,816,000 1, 300, еее $ Net operating income $ 329,000 516,000 Average invested assets $ 1,170,000 $ 1,530,000 The company's hurdle rate is 7.76 percent. Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. 2. Recalculate ROI and residual income for the division for each independent...
The Reed Division reports the following operating data for the past two years: T Year 2 T Year 1 16% 2.5 ? $42.400 $84,800 Margin Turnover Average operating assets Net operating Income Stockholders' equity Sales 2 $240.000 T The return on investment at Reed was exactly the same in Year 1 and Year 2 Average operating assets in Year 1 were: $202,000 O O $240,000 $215,000 $106.000
Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below. Sales Net operating income Average operating assets $17,000,000 $ 1,581,000 $5,000,000 The division's return on investment (ROI) is closest to: Multiple Choice O 31.62% O 72% C The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $750,000 $ 45,000 $ 250,000 $ 75,000 $ 15,000 For the past year,...
The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $940,000 $ 83,000 $ 440,000 $ 94,000 $ 34,000 For the past year, the minimum required rate of return was: Multiple Choice o 68.00% o 11.14% C ... ... ... ... ..... . For the past year, the minimum required rate of return was: Ο Ο 68.00% Ο 11.14% Ο 8.83% Ο 33.41%
Silver Company Divisional Income Statements For the Year Ending December 31, 20Y8 Division A Division B Division C $960,000 (564,500) (675,000) (170,000) $900,000 Sales Revenue Operating expenses Operating income before service department charges $395,500 Service department charges Operating income Additional financial data from the three divisions of the Silver Company are shown $320,000 $225,000 $150,000 (70,000) $80,000 (275,500) (135,000) $120,000 $90,000 Division A Division B Division C Invested assets $1,000,000 $600,000 $400,000 Calculate the return on investment for each division....
Coolbrook Company has the following information available for the past year: River Division $1,219,000 890,000 Stream Division Sales revenue Cost of goods sold and operating expenses $ 1,816,000 1, 300, еее $ Net operating income $ 329,000 516,000 Average invested assets $ 1,170,000 $ 1,530,000 The company's hurdle rate is 7.76 percent. Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. 2. Recalculate ROI and residual income for the division for each independent...
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