Homework Answers
Profit margin = operating income /Sales
| profit margin | |
| Americas | 30684/96600 = 31.8% |
| Europe | 16514/54938 = 30.1% |
| China | 17032/44764 = 38.0% |
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Exercise 09-14 Profit margin LO A2 Apple Inc. reports the following for three of its geographic...
Apple Inc. reports the following for three of its geographic segments for a recent year. ($millions)...
Apple Inc. reports the following for three of its geographic segments for a recent year. ($millions) Operating income Sales Americas Europe $ 26,417 $14,825 77,13949,483 China $13,341 30,917 Compute profit margin for each division. (Round your answers to 1 decimal place.) Profit Margin Americas Europe China
Apple Inc. reports the following for three of its geographic segments for a recent year. ($millions)...
Apple Inc. reports the following for three of its geographic segments for a recent year. ($millions) Operating income Sales Americas Europe $ 31,517 $15, 825 65,13945, 083 China $13, 441 26,667 Compute profit margin for each division. (Round your answers to 1 decimal place.) Profit Margin Americas Europe China
Apple Inc. reports the following for three of its geographic segments for a recent year. (Smillions)...
Apple Inc. reports the following for three of its geographic segments for a recent year. (Smillions) Americas Europe China Operating income $ 27,317 $13.825 $13,841 Sales 65,139 40.283 39.167 Compute profit margin for each division. (Round your answers to 1 decimal place.) Profit Margin Americas Europe China
Below are departmental income statements for a guitar manufactu rer. The manufacturer is considering eliminating its e...
Below are departmental income statements for a guitar manufactu rer. The manufacturer is considering eliminating its electric guitar department since it has a net loss. The company classifies advertising, rent, and utilities expenses as indirect WHOLESALE GUITARS Departmental Income Statements For Year Ended December 31, 2017 Acoustic Electric Sales $101,900 $83,100 47,750 45,175 56,725 Cost of goods sold Gross profit Operating expenses Advertising expense Depreciation expense-equipment Salaries expense 35,350 4,995 4,320 10,060 8,510 20,200 1,940 7,055 2,955 17,500 1,770 Supplies...
Use the following information for the Exercises below. [The following information applies to the questions displayed...
Use the following information for the Exercises below. [The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. ($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. ($millions)...
A food manufacturer reports the following for two of its
divisions for a recent year.
($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...
Required Information Use the following information for the Exercises below. The following information applies to the...
Required Information 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 Beverage Division Cheese ($mi1lions) Division Invested assets, $ 3,350 $6,400 beginning Invested assets, ending 6,300 3,945 760 3,250 2,701 Sales Operating income 369 Exercise 22-12 Return on investment LO A1, A2 1. Compute return on Investment 2 Compute profit margin. 3. Compute Investment turnover for the...
The following information applies to the questions displayed below A food manufacturer reports the following for two of...
The following information applies to the questions displayed below A food manufacturer reports the following for two of is divisions for a recent year Cheese Division Sons Invested , beginning Investedats, ending Sales Operating income Beverage Division S2580 2502 2.690 4.409 Award: 3.00 points 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 Required 3 Compute return on...
QS 4-14 Computing and analyzing gross margin ratio LO A2 $162,000 $790,000 $50,000 $269,000 Sales Sales...
QS 4-14 Computing and analyzing gross margin ratio LO A2 $162,000 $790,000 $50,000 $269,000 Sales Sales discounts Sales returns and allowances Cost of goods sold 4,600 1,400 91,516 473,388 34,111 130,448 5,000 18,000 600 20,000 6,000 5,100 Compute net sales, gross profit, and the gross margin ratio for each separate case a through d. (Round your gross margin ratio to 1 decimal place; i.е.; 0.2367 should be entered as 23.7%.) Net sales Gross profit Gross margin ratio
IN Required information Use the following information for the Exercises below. [The following information applies to...
IN Required information 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. (5 millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,662 2,593 2.681 349 Cheese Division $4,455 4.400 3,925 634 Exercise 09-13 Residual income LO A1 Assume that each of the company's divisions has a required rate of return of 7%. Compute...
Apple Inc. reports the following for three of its geographic segments for a recent year. ($millions) Operating income Sales Americas Europe $ 26,417 $14,825 77,13949,483 China $13,341 30,917 Compute profit margin for each division. (Round your answers to 1 decimal place.) Profit Margin Americas Europe China
Apple Inc. reports the following for three of its geographic segments for a recent year. ($millions) Operating income Sales Americas Europe $ 31,517 $15, 825 65,13945, 083 China $13, 441 26,667 Compute profit margin for each division. (Round your answers to 1 decimal place.) Profit Margin Americas Europe China
Apple Inc. reports the following for three of its geographic segments for a recent year. (Smillions) Americas Europe China Operating income $ 27,317 $13.825 $13,841 Sales 65,139 40.283 39.167 Compute profit margin for each division. (Round your answers to 1 decimal place.) Profit Margin Americas Europe China
Below are departmental income statements for a guitar manufactu rer. The manufacturer is considering eliminating its electric guitar department since it has a net loss. The company classifies advertising, rent, and utilities expenses as indirect WHOLESALE GUITARS Departmental Income Statements For Year Ended December 31, 2017 Acoustic Electric Sales $101,900 $83,100 47,750 45,175 56,725 Cost of goods sold Gross profit Operating expenses Advertising expense Depreciation expense-equipment Salaries expense 35,350 4,995 4,320 10,060 8,510 20,200 1,940 7,055 2,955 17,500 1,770 Supplies...
A food manufacturer reports the following for two of its
divisions for a recent year.
($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...
Required Information 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 Beverage Division Cheese ($mi1lions) Division Invested assets, $ 3,350 $6,400 beginning Invested assets, ending 6,300 3,945 760 3,250 2,701 Sales Operating income 369 Exercise 22-12 Return on investment LO A1, A2 1. Compute return on Investment 2 Compute profit margin. 3. Compute Investment turnover for the...
The following information applies to the questions displayed below A food manufacturer reports the following for two of is divisions for a recent year Cheese Division Sons Invested , beginning Investedats, ending Sales Operating income Beverage Division S2580 2502 2.690 4.409 Award: 3.00 points 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 Required 3 Compute return on...
QS 4-14 Computing and analyzing gross margin ratio LO A2 $162,000 $790,000 $50,000 $269,000 Sales Sales discounts Sales returns and allowances Cost of goods sold 4,600 1,400 91,516 473,388 34,111 130,448 5,000 18,000 600 20,000 6,000 5,100 Compute net sales, gross profit, and the gross margin ratio for each separate case a through d. (Round your gross margin ratio to 1 decimal place; i.е.; 0.2367 should be entered as 23.7%.) Net sales Gross profit Gross margin ratio
IN Required information 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. (5 millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,662 2,593 2.681 349 Cheese Division $4,455 4.400 3,925 634 Exercise 09-13 Residual income LO A1 Assume that each of the company's divisions has a required rate of return of 7%. Compute...
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