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Consider the following data (in millions) from Trident Financial Inc., which has two main divisions, mortgage...
Consider the following data (in millions) from Trident Financial Inc., which has two main divisions, mortgage...
Consider the following data (in millions) from Trident Financial
Inc., which has two main divisions, mortgage loans and consumer
loans:
Mortgage Loans
Consumer Loans
Average total assets
$
1,100
$
21,250
Operating income
$
242
$
2,550
Return on investment (ROI)
22.00
%
12.00
%
Required:
1. Based on ROI, which division is more successful?
Mortgage loans
Consumer loans
2. Trident uses residual income (RI) as a measure of the
financial performance of its divisions. What is the RI for...
Consider the following data (in millions) from Trident Financial Inc., which has two main divisions, mortgage...
Consider the following data (in millions) from Trident Financial Inc., which has two main divisions, mortgage loans and consumer loans: Mortgage Loans Consumer Loans Average total assets $ 2,700 $ 17,250 Operating income $ 540 $ 2,070 Return on investment (ROI) 20.00 % 12.00 % Required: 1. Based on ROI, which division is more successful? Mortgage loan or Consumer loans 2. Trident uses residual income (RI) as a measure of the financial performance of its divisions. What is the RI...
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial....
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year. UEI has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows. Commercial Consumer $52,000 5,985 31,500 1,800 2,000 Sales revenue $32,000 Divisional income 5,700 30,000 2,000 2,000 Divisional...
Question 1: Return on investment (ROI), residual income (RI) Generic Motors Corporation has two divisions. Division...
Question 1: Return on investment (ROI), residual income (RI) Generic Motors Corporation has two divisions. Division A Division B Investment (operating assets) | $400,000 $1,600,000 Profit $72,000 $224,000 The required rate of return (cost of capital) is 10% a year. a) Compute return on investment (ROI) for each division. ROI for A = % (if your answer is 9.5%, enter 9.5 without the percent sign) ROI for B = % b) Compute the residual income (RI) for each division. RI...
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial....
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year. UEI has a cost of capital of 11 percent. Selected financial information for the two divisions in thousands of dollars) for the year just completed follows. Sales revenue Divisional income Divisional investment Current liabilities R&D Consumer $62,000 12,750 37,500 5,000 5,000 Commercial $97,000...
Generic Motors Corporation has two divisions, Kadillack and Chevrolay. Their performance for last year is as...
Generic Motors Corporation has two divisions, Kadillack and Chevrolay. Their performance for last year is as follows. Kadillack Chevrolay Investment (operating assets) $500 million $2,000 million Profit $75 million $250 million The required rate of return (cost of capital) for Generic Motors is 10% a year. Required: a) What is the return on investment (ROI) for each division? Kadillack ROI = % (enter say 9.5% as 9.5, not as 0.095 and not as 9.5%) Chevrolay ROI = % Which division performs better,...
1. + -/3.33 points Question 1 (performance evaluation: RI, ROI) Generic Motors Corporation has two divisions,...
1. + -/3.33 points Question 1 (performance evaluation: RI, ROI) Generic Motors Corporation has two divisions, Kadillack and Chevrolay. Their performance for last year is as follows. Kadillack Chevrolay Investment (operating assets) $300 million $1,200 million Profit $57 million $174 million The required rate of return (cost of capital) for Generic Motors is 10% a year. Required: a) What is the return on investment (ROI) for each division? Kadillack ROI = % (enter say 9.5% as 9.5, not as 0.095...
JJ POLLS Question 1 (performance evaluation: RI, ROI) Generic Motors Corporation has two divisions, Kadillack and...
JJ POLLS Question 1 (performance evaluation: RI, ROI) Generic Motors Corporation has two divisions, Kadillack and Chevrolay. Their performance for last year is as follows. Kadillack Chevrolay Investment (operating assets) $200 million $800 million Profit 1536 million $112 million The required rate of return cost of capital) for Generic Motors is 10% a year. Required: a) What is the return on investment (ROI) for each division? Kadillack ROI = % (enter say 9.5% as 9.5, not as 0.095 and not...
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial....
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year. UEI has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows. Commercial $49,000 5,535 Sales revenue Divisional income Divisional investment Current liabilities R&D Consumer $30,000 5,310 29,500 1,800...
Check my work Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions:...
Check my work Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year. UEl has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows. Sales revenue Divisional income Divisional investment Current liabilities RED Consumer $48,000 9,180 34,000 3,600...
Consider the following data (in millions) from Trident Financial
Inc., which has two main divisions, mortgage loans and consumer
loans:
Mortgage Loans
Consumer Loans
Average total assets
$
1,100
$
21,250
Operating income
$
242
$
2,550
Return on investment (ROI)
22.00
%
12.00
%
Required:
1. Based on ROI, which division is more successful?
Mortgage loans
Consumer loans
2. Trident uses residual income (RI) as a measure of the
financial performance of its divisions. What is the RI for...
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year. UEI has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows. Commercial Consumer $52,000 5,985 31,500 1,800 2,000 Sales revenue $32,000 Divisional income 5,700 30,000 2,000 2,000 Divisional...
Question 1: Return on investment (ROI), residual income (RI) Generic Motors Corporation has two divisions. Division A Division B Investment (operating assets) | $400,000 $1,600,000 Profit $72,000 $224,000 The required rate of return (cost of capital) is 10% a year. a) Compute return on investment (ROI) for each division. ROI for A = % (if your answer is 9.5%, enter 9.5 without the percent sign) ROI for B = % b) Compute the residual income (RI) for each division. RI...
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year. UEI has a cost of capital of 11 percent. Selected financial information for the two divisions in thousands of dollars) for the year just completed follows. Sales revenue Divisional income Divisional investment Current liabilities R&D Consumer $62,000 12,750 37,500 5,000 5,000 Commercial $97,000...
1. + -/3.33 points Question 1 (performance evaluation: RI, ROI) Generic Motors Corporation has two divisions, Kadillack and Chevrolay. Their performance for last year is as follows. Kadillack Chevrolay Investment (operating assets) $300 million $1,200 million Profit $57 million $174 million The required rate of return (cost of capital) for Generic Motors is 10% a year. Required: a) What is the return on investment (ROI) for each division? Kadillack ROI = % (enter say 9.5% as 9.5, not as 0.095...
JJ POLLS Question 1 (performance evaluation: RI, ROI) Generic Motors Corporation has two divisions, Kadillack and Chevrolay. Their performance for last year is as follows. Kadillack Chevrolay Investment (operating assets) $200 million $800 million Profit 1536 million $112 million The required rate of return cost of capital) for Generic Motors is 10% a year. Required: a) What is the return on investment (ROI) for each division? Kadillack ROI = % (enter say 9.5% as 9.5, not as 0.095 and not...
Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year. UEI has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows. Commercial $49,000 5,535 Sales revenue Divisional income Divisional investment Current liabilities R&D Consumer $30,000 5,310 29,500 1,800...
Check my work Universal Electronics, Inc. (UEI), which started operations one year ago, has two divisions: Consumer and Commercial. Both divisions invest heavily in R&D, which is assumed to benefit five years. R&D spending is made uniformly throughout the year. UEl has a cost of capital of 11 percent. Selected financial information for the two divisions (in thousands of dollars) for the year just completed follows. Sales revenue Divisional income Divisional investment Current liabilities RED Consumer $48,000 9,180 34,000 3,600...
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