Dacker Products is a division of a major corporation. The following data are for the most recent year of operations:
Sales | $ | 37,380,000 | |
Net operating income | $ | 3,258,960 | |
Average operating assets | $ | 8,900,000 | |
The company's minimum required rate of return | 16 | % | |
The division's margin used to compute ROI is closest to:
margin=Net operating income/Sales
=3,258,960/37,380,000
which is equal to
=8.72%(Approx).
Dacker Products is a division of a major corporation. The following data are for the most...
Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $37, 280,000 $ 3,208,960 $ 8,800,000 14% The division's margin used to compute ROI is closest to:
Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $37,980,000 $ 3,558,960 $ 9,500,000 16% The division's margin used to compute ROI is closest to: Multiple Choice O 9.4% O 37.5% O 34.4% The division's margin used to compute ROI is closest to: Multiple Choice Ο 9.4% Ο 37.5% Ο Ο 34,4% 34.4% Ο Ο...
TB MC Qu. 10-131 Dacker Products is a division of a major... Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $37,380,000 $ 3,258,960 $ 8,900,000 16% The division's margin used to compute ROI is closest to: Multiple Choice 32.5% < Prev 32 of 40 !!! Next > Opte 9 0 ere to search We...
Dacker Products is a division of a major corporation. The following data are for the most recent year of operations Sales $37,880,000 $ 3,508,960 $ 9,400,000 Net operating income Average operating assets The company's minimum required rate of return 14% The division's margin used to compute ROI is closest to:
2.
Cabell Products is a division of a major corporation. Last year the division had total sales of $21,720,000, net operating income of $1,346,640, and average operating assets of $4,778,400. The company's minimum required rate of return is 15%. The division's margin is closest to: Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $38,380,000...
2.
Gabbe Industries is a division of a major corporation. Last year the division had total sales of $19,293,750, net operating income of $2,267,016, and average operating assets of $8,575,000. The company's minimum required rate of return is 20% Required: a. What is the division's margin? (Round your percentage answer to 2 decimal places.) b. What is the division's turnover? (Round your answer to 2 decimal places.) c. What is the division's return on investment (ROI)? (Round percentage your answer...
Cabell Products is a division of a major corporation. Last year the division had total sales of $25,060,000, net operating income of $1,503,600, and average operating assets of $7,518,000. The company's minimum required rate of return is 19 % The division's margin is closest to:
Aqustin Industries is a division of a major corporation. Data concerning the most recent year appears below Sales $18,150,000 $1,125,300 Net operating income Average operating assets 4,900,000 The division's return on investment (ROI) is closest to:
Cabell Products is a division of a major corporation. Last year the division had total sales of $26,050,000, net operating income of $1,745,350, and average operating assets of $6,512,500. The company's minimum required rate of return is 10%. The division's margin is closest to: Multiple Choice 6.7% 26.8% 67.0% 25.0%
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,...