Homework Answers
Answer
--Correct Answer = Option #2: West Division has the smallest ROI of 8%
| South | West | East | ||
| A | After tax income | $20,000 | $50,000 | $100,000 |
| B | Divisional assets | $200,000 | $625,000 | $800,000 |
| C = (A/B) x 100 | ROI | 10.00% | 8.00% | 12.50% |
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The Maxim Corporation reported the following operating results for its three divisions: South West, and East....
The Maxim Corporation reported the following operating results for its three divisions: South, West, and East....
The Maxim Corporation reported the following operating results for its three divisions: South, West, and East. Sales After-tax income Divisional assets South Division West Division $380,000 $1,700,000 $ 20,000 $ 50,000 $200,000 $ 625,000 East Division $2,000,000 $ 100,000 $ 800,000 Which division has the highest profit margin? Multiple Choice South West. 1 ) Fast < Prev 17 of 34 Next >
The Maxim Corporation reported the following operating results for its three division South West, and Emt Sales Ope...
The Maxim Corporation reported the following operating results for its three division South West, and Emt Sales Operating profits Divisional assets South Division $350.000 $ 20.000 $200.000 West Division $1,700.000 $ 50,000 $ 625.000 East Division $2.000000 500.000 $ 800.000 Which division has the smallest return on investment (ROI? South o West O East All three divisions are the same
The Maxim Corporation reported the following operating results for its three divisions: South West, and East....
The Maxim Corporation reported the following operating results for its three divisions: South West, and East. Sales After-tax income Divisional assets South Division West Division $400,000 $1,900,000 $ 40,000 $ 72,500 $320,000 $ 725,000 East Division $2,200,000 $ 140,000 $1,000,000 Which division has the largest asset turnover? Multiple Choice 0 0 < Prey 21 of 34 !! Next >
Presented below is selected information for three regional divisions of Medina Company. Divisions North West South...
Presented below is selected information for three regional
divisions of Medina Company.
Divisions
North
West
South
Contribution margin
$299,000
$499,100
$400,800
Controllable margin
$139,500
$361,100
$208,500
Average operating assets
$930,000
$1,570,000
$1,390,000
Minimum rate of return
13
%
14
%
8
%
Compute the return on investment for each division.
North Division
%
West Division
%
South Division
%
LINK TO TEXT
Compute the residual income for each division.
North Division
$
West Division
$
South Division
$
LINK TO...
Presented below is selected information for three regional divisions of Medina Company. Divisions North West South...
Presented below is selected information for three regional divisions of Medina Company. Divisions North West South Contribution margin $299,700 $499,800 $399,300 Controllable margin $140,000 $359,100 $208,600 Average operating assets $1,000,000 $1,890,000 $1,490,000 Minimum rate of return 12 % 15 % 8 % a) Compute the return on investment for each division. North Division % West Division % South Division % b) Compute the residual income for each division Compute the return on investment for each division. North Division $ West...
Okoboji Company manufactures wooden canoes, and has four operating divisions: East, West, North, and South. Each...
Okoboji Company manufactures wooden canoes, and has four operating divisions: East, West, North, and South. Each division manufactures a unique model of canoe. During the first quarter of 2017, total net operating income was $70,000. A breakdown by division was as follows: East West North South Sales $ 550,000 $750,000 $950,000 $450,000 COGS 460,000 480,000 575,000 400,000 S & A expenses 120,000 220,000 250,000 125,000 Net Op. Income $ ( 30,000) $ 50,000 $125,000 $ (75,000) An...
Determining Missing Items from Computations Data for the North, South, East, and West divisions of Free Bird Company ar...
Determining Missing Items from Computations Data for the North, South, East, and West divisions of Free Bird Company are as follows: Invested Operating Return on Profit Investment Sales Income Assets Investment Margin Turnover (c) North $860,000 (a) (b) 17.5% 7.0% South (d) $51,300 (e) (f) 4.5% 3.8 East $1,020,000 (g) $680,000 15.0% (h) (i) $89,600 $560,000 West $1,120,000 (k) (I) a. Determine the missing items, identifying each by the letters (a) through (I). If required, round percents and investment turnover...
Wollan Corporation has two operating divisions-an East Division and a West Division. The company's Logistics Department...
Wollan Corporation has two operating divisions-an East Division and a West Division. The company's Logistics Department services both divisions. The variable costs of the Logistics Department are budgeted at $44 per shipment. The Logistics Department's fixed costs are budgeted at $391,700 for the year. The fixed costs of the Logistics Department are determined based on peak-period demand. Percentage of Peak- period Capacity Required 45% 55% Budgeted Shipments 1,730 5,630 East Division West Division At the end of the year, actual...
Wollan Corporation has two operating divisions—an East Division and a West Division. The company's Logistics Department...
Wollan Corporation has two operating divisions—an East Division and a West Division. The company's Logistics Department services both divisions. The variable costs of the Logistics Department are budgeted at $26 per shipment. The Logistics Department's fixed costs are budgeted at $361,600 for the year. The fixed costs of the Logistics Department are determined based on peak-period demand. Percentage of Peak-period Capacity Required Budgeted Shipments East Division 40% 2,250 West Division 60% 5,040 At the end of the year, actual Logistics...
The following data are available for two divisions of Solomons Company North Division South Division Division...
The following data are available for two divisions of Solomons Company North Division South Division Division operating profit $ 6,355,eee $ 41,730, eee Division investment 31, eee, eee 3 21, eee, eee The cost of capital for the company is 9 percent. Ignore taxes. Required: 0-1. Calculate the ROI for both North and South divisions. 0-2. If Solomons measures performance using ROL which division had the better performance? b-1. Calculate the EVA for both North and South divisions. (The divisions...
The Maxim Corporation reported the following operating results for its three divisions: South, West, and East. Sales After-tax income Divisional assets South Division West Division $380,000 $1,700,000 $ 20,000 $ 50,000 $200,000 $ 625,000 East Division $2,000,000 $ 100,000 $ 800,000 Which division has the highest profit margin? Multiple Choice South West. 1 ) Fast < Prev 17 of 34 Next >
The Maxim Corporation reported the following operating results for its three division South West, and Emt Sales Operating profits Divisional assets South Division $350.000 $ 20.000 $200.000 West Division $1,700.000 $ 50,000 $ 625.000 East Division $2.000000 500.000 $ 800.000 Which division has the smallest return on investment (ROI? South o West O East All three divisions are the same
The Maxim Corporation reported the following operating results for its three divisions: South West, and East. Sales After-tax income Divisional assets South Division West Division $400,000 $1,900,000 $ 40,000 $ 72,500 $320,000 $ 725,000 East Division $2,200,000 $ 140,000 $1,000,000 Which division has the largest asset turnover? Multiple Choice 0 0 < Prey 21 of 34 !! Next >
Presented below is selected information for three regional
divisions of Medina Company.
Divisions
North
West
South
Contribution margin
$299,000
$499,100
$400,800
Controllable margin
$139,500
$361,100
$208,500
Average operating assets
$930,000
$1,570,000
$1,390,000
Minimum rate of return
13
%
14
%
8
%
Compute the return on investment for each division.
North Division
%
West Division
%
South Division
%
LINK TO TEXT
Compute the residual income for each division.
North Division
$
West Division
$
South Division
$
LINK TO...
Determining Missing Items from Computations Data for the North, South, East, and West divisions of Free Bird Company are as follows: Invested Operating Return on Profit Investment Sales Income Assets Investment Margin Turnover (c) North $860,000 (a) (b) 17.5% 7.0% South (d) $51,300 (e) (f) 4.5% 3.8 East $1,020,000 (g) $680,000 15.0% (h) (i) $89,600 $560,000 West $1,120,000 (k) (I) a. Determine the missing items, identifying each by the letters (a) through (I). If required, round percents and investment turnover...
Wollan Corporation has two operating divisions-an East Division and a West Division. The company's Logistics Department services both divisions. The variable costs of the Logistics Department are budgeted at $44 per shipment. The Logistics Department's fixed costs are budgeted at $391,700 for the year. The fixed costs of the Logistics Department are determined based on peak-period demand. Percentage of Peak- period Capacity Required 45% 55% Budgeted Shipments 1,730 5,630 East Division West Division At the end of the year, actual...
The following data are available for two divisions of Solomons Company North Division South Division Division operating profit $ 6,355,eee $ 41,730, eee Division investment 31, eee, eee 3 21, eee, eee The cost of capital for the company is 9 percent. Ignore taxes. Required: 0-1. Calculate the ROI for both North and South divisions. 0-2. If Solomons measures performance using ROL which division had the better performance? b-1. Calculate the EVA for both North and South divisions. (The divisions...
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