Answer: c Net operating assets
Return on investment =operating income/net operating assets
Return on Investment is measured is measured by dividing Operating Income by a. b. Gross Long...
Return on Investment is measured is measured by dividing Operating Income by a. Gross Long Term Assets b. Average Operating Assets c. Gross Long Term Liabilities d. Net Operating Assets Select one: a. Average Operating Assets b. Net Operating Assets c. Gross Long Term Assets d. Gross Long Term Liabilities
Ways to increase Return on Investments include all except a. Increasing Sales b. Decreasing Operating Expenses c. Increasing Liabilities d. Decreasing Operating Assets Select one: a. Decreasing Operating Assets b. Increasing Liabilities c. Decreasing Operating Expenses d. Increasing Sales Clear my choice
Check my wo Average operating assets Total liabilities Sales Contribution margin Net operating income $280,000 $ 33,600 $160,000 $ 89,600 $ 33,600 Return on Investment (ROI) is: Multiple Choice 210% O 0 56.0% O 32.0% O Prev | 1 of 20 Next > MacBook Air
Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mullett Manufacturing earned operating income last year as shown in the following income statement: Sales $531,250 Cost of goods sold 280,000 Gross margin $251,250 Selling and administrative expense 185,100 Operating income $66,150 Less: Income taxes (@ 40%) 26,460 Net income $39,690 At the beginning of the year, the value of operating assets was $390,000. At the end of the year, the value of operating assets was $460,000. Required: For...
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,...
Calculating return on investment for an investment center is defined by the following formula: Multiple Choice ). Contribution margin/Ending assets. O Gross profit/Ending assets. O Net income/Ending assets. O Income/Average invested assets. Contribution margin/Average invested assets..
9. Given the following: Net operating income - $35,000; Turnover = 2; Return on investment -14%. What are “Sales"?_ 10. Given the following: Sales = $700,000; Net operating income - $56,000; Return on investment - 20%. What is "Turnover? average operating assets are $500,000. What is the minimum required rate of retur? a. 10% b. 14% c. 16%. d. 20% c. 24%. Use the following information to answer questions 12 - 13: Selected sales and operating data for Division A...
Problem 11-15 Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Problem 11-15 Return on Investment (ROI) and Residual Income [LO11-1, LO11-2] Ending Balance Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance sheet Beginning Balance Assets Cash $ 125,000 Accounts receivable 339,000 Inventory 570,000 Plant and equipment, net 826,000 Investment in Buisson, S.A. 398,000 Land (undeveloped) 250,000 Total assets $ 2,508,000 Liabilities and stockholders' Equity Accounts payable $ 371,000 Long-term debt 976,000...
Calculating Average Operating Assets, Margin, Turnover, and Return on Investment Barnard Manufacturing earned operating income last year as shown in the following income statement: Sales $4,000,000 Cost of goods sold 2,100,000 Gross margin $1,900,000 Selling and administrative expense 1,100,000 Operating income $ 800,000 Less: Income taxes (@ 40%) 320,000 Net income $480,000 At the beginning of the year, the value of operating assets was $2,700,000. At the end of the year, the value of operating assets was $2,300,000. Required: For...
Ratios 2016 2015 a. Gross profit margin (%) 39.4 39.1 b. Operating profit margin (%) 5.1 7.5 c. Net profit margin (%) 2.4 4.0 d. Return on shareholders' equity (%) 14.1 25.2 e. Return on assets (%) 3.1 5.2 f. Times interest earned coverage 3.6 5.6 g. Long-term debt-to-equity ratio 1.5 3.8 h. Days of inventory 126.2 121.8 i. Inventory turnover ratio 2.9 3.0 j. Average collection period 7.4 7.5 1-From 2015 to 2016, Macy’s, Inc., return on equity and...