Homework Answers
hope you liked my answer and
if you do don't forget to give a Thumb's up.??
Add Answer to:
ASAP!!
c) d) It will decrease it turnover decreases. It will decrease if turnover increases. For...
The contribution format income statement for Huerra Company for last year is given below: Total Unit...
The contribution format income statement for Huerra Company for
last year is given below:
Total
Unit
Sales
$
992,000
$
49.60
Variable expenses
595,200
29.76
Contribution margin
396,800
19.84
Fixed expenses
312,800
15.64
Net operating income
84,000
4.20
Income taxes @ 40%
33,600
1.68
Net income
$
50,400
$
2.52
The company had average operating assets of $492,000 during the
year.
Required:
1. Compute the company’s return on investment (ROI) for the
period using the ROI formula stated in terms...
The contribution format income statement for Huerra Company for last year is given below: Total Unit...
The contribution format income statement for Huerra Company for
last year is given below:
Total
Unit
Sales
$
992,000
$
49.60
Variable expenses
595,200
29.76
Contribution margin
396,800
19.84
Fixed expenses
312,800
15.64
Net operating income
84,000
4.20
Income taxes @ 40%
33,600
1.68
Net income
$
50,400
$
2.52
The company had average operating assets of $492,000 during the
year.
Required:
1. Compute the company’s return on investment (ROI) for the
period using the ROI formula stated in terms...
The contribution format income statement for Huerra Company for last year is given below: Tot...
The contribution format income statement for Huerra Company for last year is given below: Total Unit Sales $ 1,000,000 $ 50.00 Variable expenses 600,000 30.00 Contribution margin 400,000 20.00 Fixed expenses 318,000 15.90 Net operating income 82,000 4.10 Income taxes @ 40% 32,800 1.64 Net income $ 49,200 $ 2.46 The company had average operating assets of $502,000 during the year. Required: 1. Compute the company’s return on investment (ROI) for the period using the ROI formula stated in terms...
The contribution format income statement for Huerra Company for last year is given below: Total Unit...
The contribution format income statement for Huerra Company for last year is given below: Total Unit Sales $ 992,000 $ 49.60 Variable expenses 595,200 29.76 Contribution margin 396,800 19.84 Fixed expenses 314,800 15.74 Net operating income 82,000 4.10 Income taxes @ 40% 32,800 1.64 Net income $ 49,200 $ 2.46 The company had average operating assets of $510,000 during the year. Required: 1. Compute the company’s return on investment (ROI) for the period using the ROI formula stated in terms...
The contribution format income statement for Huerra Company for last year is given below: $ Sales Variable ex...
The contribution format income statement for Huerra Company for last year is given below: $ Sales Variable expenses Contribution margin Pixed expenses Net operating income Income taxes 401 Net incone Total 992.000 595,200 396,800 314,800 32,600 32.800 49,200 Unit $49.60 29.76 19.84 15.74 4.10 1.64 $ 2.46 $ The company had average operating assets of $494,000 during the year. Required: 1. Compute the company's return on investment (ROI) for the period using the ROI formula stated in terms of margin...
Problem 10-20 Return on Investment (ROI) Analysis [LO10-1] The contribution format income statement for Huerra Company...
Problem 10-20 Return on Investment (ROI) Analysis [LO10-1] The contribution format income statement for Huerra Company for last year is given below: Total Unit Sales $ 4,000,000 $ 80.00 Variable expenses 2,800,000 56.00 Contribution margin 1,200,000 24.00 Fixed expenses 840,000 16.80 Net operating income 360,000 7.20 Income taxes @ 30% 108,000 2.16 Net income $ 252,000 $ 5.04 The company had average operating assets of $2,000,000 during the year. Required: 1. Compute the company’s return on investment (ROI) for the...
The contribution format income statement for Huerra Company for last year is given below: Sales Variable...
The contribution format income statement for Huerra Company for last year is given below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Income taxes @ 30% Net income Total Unit $4,000,000 $80.00 2,800,000 56.00 1,200,000 24.00 840,000 16.80 360,000 7.20 108,000 2.16 $ 252,000 $ 5.04 The company had average operating assets of $2,000,000 during the year. Required: 1. Compute the company's return on investment (ROI) for the period using the ROI formula stated in terms of margin...
The contribution format income statement for Huerra Company for last year is given below: Total Unit...
The contribution format income statement for Huerra Company for last year is given below: Total Unit Sales $1,004,000 $50.20 Variable expenses 602,400 30.12 Contribution margin 401,600 20.08 Fixed expenses 317,600 15.88 Net operating income 84,000 4.20 Income taxes @ 40% 33,600 1.68 Net income $50,400 $2.52 The company had average operating assets of $498,000 during the year. Required: 1. Compute the company’s return on investment (ROI) for the period using the ROI formula stated in terms of margin and turnover....
The contribution format income statement for Huerra Company for last year is given below: Total Unit...
The contribution format income statement for Huerra Company for last year is given below: Total Unit Sales $1,004,000 $50.20 Variable expenses 602,400 30.12 Contribution margin 401,600 20.08 Fixed expenses 317,600 15.88 Net operating income 84,000 4.20 Income taxes @ 40% 33,600 1.68 Net income $50,400 $2.52 The company had average operating assets of $498,000 during the year. Required: 1. Compute the company’s return on investment (ROI) for the period using the ROI formula stated in terms of margin and...
Return to Sales Variable expenses Contribution margin Fixed expenses Net operating income Income taxes @ 40%...
Return to Sales Variable expenses Contribution margin Fixed expenses Net operating income Income taxes @ 40% Net income $ 1,008,000 604,800 403,200 323,200 80,000 32,000 $ 48,000 $ 50.40 30.24 20.16 16.16 4.00 1.60 $ 2.40 The company had average operating assets of $509,000 during the year. Required: 1. Compute the company's return on investment (ROI) for the period using the ROI formula stated in terms of margin and turnover. For each of the following questions, indicate whether the margin...
The contribution format income statement for Huerra Company for
last year is given below:
Total
Unit
Sales
$
992,000
$
49.60
Variable expenses
595,200
29.76
Contribution margin
396,800
19.84
Fixed expenses
312,800
15.64
Net operating income
84,000
4.20
Income taxes @ 40%
33,600
1.68
Net income
$
50,400
$
2.52
The company had average operating assets of $492,000 during the
year.
Required:
1. Compute the company’s return on investment (ROI) for the
period using the ROI formula stated in terms...
The contribution format income statement for Huerra Company for
last year is given below:
Total
Unit
Sales
$
992,000
$
49.60
Variable expenses
595,200
29.76
Contribution margin
396,800
19.84
Fixed expenses
312,800
15.64
Net operating income
84,000
4.20
Income taxes @ 40%
33,600
1.68
Net income
$
50,400
$
2.52
The company had average operating assets of $492,000 during the
year.
Required:
1. Compute the company’s return on investment (ROI) for the
period using the ROI formula stated in terms...
The contribution format income statement for Huerra Company for last year is given below: $ Sales Variable expenses Contribution margin Pixed expenses Net operating income Income taxes 401 Net incone Total 992.000 595,200 396,800 314,800 32,600 32.800 49,200 Unit $49.60 29.76 19.84 15.74 4.10 1.64 $ 2.46 $ The company had average operating assets of $494,000 during the year. Required: 1. Compute the company's return on investment (ROI) for the period using the ROI formula stated in terms of margin...
The contribution format income statement for Huerra Company for last year is given below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Income taxes @ 30% Net income Total Unit $4,000,000 $80.00 2,800,000 56.00 1,200,000 24.00 840,000 16.80 360,000 7.20 108,000 2.16 $ 252,000 $ 5.04 The company had average operating assets of $2,000,000 during the year. Required: 1. Compute the company's return on investment (ROI) for the period using the ROI formula stated in terms of margin...
Return to Sales Variable expenses Contribution margin Fixed expenses Net operating income Income taxes @ 40% Net income $ 1,008,000 604,800 403,200 323,200 80,000 32,000 $ 48,000 $ 50.40 30.24 20.16 16.16 4.00 1.60 $ 2.40 The company had average operating assets of $509,000 during the year. Required: 1. Compute the company's return on investment (ROI) for the period using the ROI formula stated in terms of margin and turnover. For each of the following questions, indicate whether the margin...
Most questions answered within 3 hours.
-
BLOG EXERCISE: You are writing a weekly intranet blog for the
CEO of a large Canadian...
asked 24 seconds from now -
calculate ΔGrxn at 36 ∘C. N2O4(g)→2NO2(g)
asked 20 seconds from now -
Present and Future Values of Single Cash Flows for Different
Periods
Find the following values, using...
asked 2 minutes ago -
Which types of mutations in DNA can lead to the translation of a
non-functional protein product?...
asked 1 minute ago -
Many structures are composed of individual elements that react
in unison when forces are applied. the...
asked 2 minutes ago -
Work of 1950 J is done by stirring a perfectly insulated beaker
containing 75 g of...
asked 32 minutes ago -
The neighborhood kids set up an outdoor lemonade stand in
Maryland in June. They find that...
asked 34 minutes ago -
9. A company has a beginning inventory of 4,000 units. The
company estimates it will sell...
asked 47 minutes ago -
A patient goes to the doctor's office with symptoms of a urinary
tract infection and provides...
asked 49 minutes ago -
When responding to the essay questions, be sure to cite any
material you obtained from a...
asked 49 minutes ago -
The energy of an electron in a 2.25-eV-deep potential well is
1.50 eV.At what distance into...
asked 51 minutes ago -
Q1:Which three evolutionary innovations are present in land
plants (but not all land plants) that allowed...
asked 54 minutes ago