Investment Center income ^ 565,20 $12,100,000 2 $ 565,200 $1,570,000 $12,100 $22,100,000 $ Sales Net income...
Investment Center
A
B
Sales
$
?
$
11,500,000
Net income
$
453,000
$
?
Average invested assets
$
1,510,000
$
?
Profit margin
6
%
?
%
Investment turnover
?
2.0
Return on investment
?
%
12
%
Use the information in the following table to compute each
department’s contribution to overhead (both in dollars and as a
percent). (Round your final answers to 2 decimal
places.)
Profit Margin: Choose Numerator / Choose Denominator: = Profit Margin Investment...
help:/
apter 24 Problems Investment Center $10,400,000 $ $ Sales ? Net income $ 352,000 Average te $1,400,000 invested assets Profit margin Investment turnover Return on investment 1.5 128 O Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) ce Profit Margin: Choose Numerator: Choose Denominator Profit Margin Investment Coner Profit margin 8.00% Investment Turnover Choose Numerator: Choose Denominator Investment...
A company's shipping division (an investment center) has sales of $2,580,000, net income of $903,000, and average invested assets of $1,720,000 Compute the Division's Profit Margin. Choose Numerator: Choose Denominator: Profit Margin Profit margin Compute the Division's Investment Turnover. Choose Numerator: Choose Denominator: Investment Turnover Investment turnover
Use the following information for the Exercises below. [The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. ($millions) Beverage Division Cheese Division Invested assets, beginning $ 2,697 $ 4,490 Invested assets, ending 2,611 4,418 Sales 2,699 3,943 Operating income 367 652 Exercise 22-12 Return on investment LO A1, A2 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year....
A food manufacturer reports the following for two of its
divisions for a recent year.
($millions)
Beverage Division
Cheese Division
Invested assets, beginning
$
2,672
$
4,465
Invested assets, ending
2,598
4,405
Sales
2,686
3,930
Operating income
354
639
1. Compute return on investment.
2. Compute profit margin.
3. Compute investment turnover for the year.
Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 2 Compute return on investment. (Enter your answers in...
The 2021 income statement for Anderson TV and Appliance reported net sales of $360,000 and net income of $85,000. Average total assets for 2021 was $800,000. Shareholders’ equity at the beginning of the year was $500,000 and $40,000 was paid to shareholders as dividends. There were no other shareholders’ equity transactions that occurred during the year. Show the DuPont framework's calculation of the three components of the 2021 return on equity for Anderson TV and Appliance. Profit Margin (%) Choose...
Required information (The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,680 2,602 2,690 358 Cheese Division $4,473 4,409 3,934 643 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2...
ZNet Co. is a web-based retail company. The company reports the following for 2017 Sales Operating income Average invested assets $13,920,000 6,960,000 34,800,000 The company's CEO believes that sales for 2018 will increase by 30%, and both profit margin (%) and the level of average invested assets will be the same as for 2017 1. Compute return on investment for 2017. 2. Compute profit margin for 2017. 3. If the CEO's forecast is correct, what will return on investment equal...
Brad's BBQ reported sales of $871,500 and net income of $43,000. Brad’s also reported ending total assets of $506,000 and beginning total assets of $399,000. Required: Calculate the return on assets, the profit margin, and the asset turnover ratio for Brad's BBQ. RETURN ON ASSETS CHOOSE NUMERATOR + CHOOSE DENOMINATOR = RETURN ON ASSETS ___________________+_______________________=_____________________ ___________________+_______________________=_____________________ PROFIT MARGIN CHOOSE NUMERATOR + CHOOSE DENOMINATOR = RETURN ON ASSETS ___________________+_______________________=_____________________ ___________________+_______________________=_____________________
Required information (The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,697 2,611 2,699 367 Cheese Division $4,490 4,418 3,943 652 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2...