sales amount = operating income / sales margin
=>$558,000/ 0.20
=>$2,790,000.
Question 21 Harvest Company has a sales margin of 20%, operating income of $558,000, and capital...
Harvest Company has a sales margin of 20%, operating income of $558,000, and capital turnover of 3.5. The sales in dollars for Harvest Company may be closest to $159,429. $2,790,000 $111,600 $1,953,000
Company has a contribution margin of 20%, Sales AT 412,000 and Net operating income of 82,400 and average operating assets are 129,000. what is the company's ROI?
Stevenson has operating income of $99,000, sales of $660,000, and $550,000 in invested assets. The company has established a minimum rate of return of 15%. What is Stevenson’s profit margin? A. 15% B. 7.5% C. 18% D. 20% E. none of these QUESTION 25 Stevenson has operating income of $99,000, sales of $660,000, and $550,000 in invested assets. The company has established a minimum rate of return of 15%. What is Stevenson’s investment turnover? A. 1.0 B. none of these...
Profit Margin, Investment Turnover, and ROI Briggs Company has operating income of $17,982, invested assets of $74,000, and sales of $199,800. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin b. Investment turnover c. Return on investment
Profit Margin, Investment Turnover, and ROI Briggs Company has operating income of $36,000, invested assets of $180,000, and sales of $720,000. Use the DuPont formula to compute the return on investment. a. Profit margin % b. Investment turnover c. Return on investment %
Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: Sales $786,640,000 Less: Variable expenses 543,024,000 Contribution margin $243,616,000 195,036,000 Less: Fixed expenses Operating income $48,580,000 At the beginning of last year, Elway had $38,624,000 in operating assets. At the end of the year, Elway had $41,371,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for last year. If required,...
Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: Sales $899,720,000 Less: Variable expenses 543,801,000 Contribution margin $355,919,000 Less: Fixed expenses 198,570,000 Operating income $157,349,000 At the beginning of last year, Elway had $38,640,000 in operating assets. At the end of the year, Elway had $41,390,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for last year. If required,...
Briggs Company has operating income of $85,248, invested assets of $296,000, and sales of $710,400. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin b. Investment turnover c. Return on investment
Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: Sales $893,070,000 Less: Variable expenses 546,442,000 Contribution margin $346,628,000 Less: Fixed expenses 198,614,000 Operating income $148,014,000 At the beginning of last year, Elway had $38,632,000 in operating assets. At the end of the year, Elway had 541,363,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for last year. If required,...
Given the following data: Average operating assets Total liabilities Sales Contribution margin Net operating income $512,000 $ 46,080 $384,000 $215,040 $ 46,080 Return on investment (ROI) is: o 12.0% o 9.0% o 56.0% BR Company has a contribution margin of 11%. Sales are $530,000, net operating Income is $58,300, and average operating assets are $137.000. What is the company's return on investment (ROI? Multiple Choice Ο Ο Ο Last year a company had sales of $370,000, a turnover of 2.6,...