Mindspin Labs Inc. is a manufacturing firm that has experienced strong competition in its traditional business....
Mindspin Labs Inc. is a manufacturing firm that has experienced strong competition in its traditional business. Management is considering joining the trend to the "service economy" by eliminating its manufacturing operations and concentrating on providing specialized maintenance services to other manufacturers. Management of Mindspin Labs has had a target ROI of 16% on an asset base that has averaged $8 million. To achieve this ROI, average total asset turnover of 2 was required. If the company shifts its operations from...
Mindspin Labs Inc. is a manufacturing firm that has experienced strong competition in its traditional business. Management is considering joining the trend to the "service economy" by eliminating its manufacturing operations and concentrating on providing specialized maintenance services to other manufacturers. Management of Mindspin Labs has had a target ROI of 18% on an asset base that has averaged $8 million. To achieve this ROI, average total asset turnover of 3 was required. If the company shifts its operations from...
Mindspin Labs Inc. is a manufacturing firm that has experienced strong competition in its traditional business. Management is considering joining the trend to the "service economy" by eliminating its manufacturing operations and concentrating on providing specialized maintenance services to other manufacturers. Management of Mindspin Labs has had a target ROI of 18% on an asset base that has averaged $6 million. To achieve this ROI, average total asset turnover of 3 was required. If the company shifts its operations from...
part A and part B please
Mindspin Labs Inc. is a manufacturing firm that has experienced strong competition in its traditional business. Management is considering joining the trend to the "service economy" by eliminating its manufacturing operations and concentrating on providing specialized maintenance services to other manufacturers. Management of Mindspin Labs has had a target ROI of 15% on an asset base that has averaged $6 million. To achieve this ROI, average total asset turnover of 3 was required. If...
Manyops, Inc., is a manufacturing firm that has experienced strong competition in its traditional business. Management is considering joining the trend to the "service economy" by eliminating its manufacturing operations and concer specialized maintenance services to other manufacturers Management of Manyops Inc., has had a target ROI of 16% on an asset base that has averaged S6 million. To achieve this ROI average total asset tumover of 2 was requi shifts its operations from manufacturing to providing maintenance services, it...
don't know sales for the last one
Manyops, inc, is a manufactunng tein that has experienced strong compettion in its tradtional business tumover or 2 was required. If the company sifts its operations from manurfacturing to a. calculate net income, margin, and sales required for Manyops inc. , to acheve its tärget Ro ompettion in ts tradtional business Management is considering joning the trend to the "service economy by elminatng ts trc , has had a target RC1 of 18%...
This is a 3 part question. Please answer all.
Required: a. Firm A has a margin of 10%, sales of $530,000, and ROI of 18%. Calculate the firm's average total assets. b. Firm B has net income of $72,000, turnover of 1.50, and average total assets of $870,000. Calculate the firm's sales, margin, and ROI. c. Firm C has net income of $142,000, turnover of 1.91, and ROI of 23.20%. Calculate the firm's margin, sales, and average total assets. Complete...
Required: a. Firm D has net income of $24,400, sales of $930,000, and average total assets of $545,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has net income of $79,000, sales of $1,100,000, and ROI of 14%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 12.60%, average total assets of $1,759,800, and turnover of 1.80. Calculate the firm's sales, margin, and net income. Complete this question by entering your answers in...
pedal, d man er ane se iP to o er man acturers Management t has had a targetp s and ve turnover of 2 was required. If the companry shits its operations from manufacturing to providing maintenance services, it is estimated that average total assets will decrease to $4 milion ar o s c of 18% on an asset base thatnas averaged a mi . Toa eens o e tal asset ● at a ne ncone magin and ales re...
Required: a. Firm D has net income of $32,000, sales of $890,000, and average total assets of $500,000. Calculate the firm's margin, turnover, and ROI. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Margin Turnover ROI b. Firm E has net income of $62,000, sales of S1 ,000,000, and ROI of 13%. Calculate the firm's turnover and average total assets. (Do not round intermediate calculations. Round "Turnover" answer to 1 decimal place.) Turnover Average total assets...