Homework Answers
ROI for A=Investment center income/Investment center average invested assets
which is equal to
=(455,000/3,200,000)
which is equal to
=14.22%(Approx).
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Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment center...
Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment center...
Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment center income Investment center average invested assets Investment Investment Center A Center B $ 420,000 $ 530,000 $2,500,000 $2,000,000 The return on investment (ROI) for Investment Center A is: Multiple Choice 588.30% 24.30% 16.80% 39.60 19.30
Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Investment...
Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Investment Center B Center A Investment center income $415,000 $525,000 Investment center average invested assets $2,400,000 $1,950,000 What is the return on investment for Investment Center A? Select one: O a. 17.3% O o O b. 19.1% c.26.9% d. 24.1% e. 39.2%
Calculating return on investment for an investment center is defined by the following formula: Multiple Choice...
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..
Kragle Corporation reported the following financial data for one of its divisions for the year; average...
Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $490,000; sales of $950,000; and income of $108,300. The investment center profit margin is: Multiple Choice 22.1%. 51.6%. 193.9%. 452.4%. 11.4%.
Question 7 View Policies Current Attempt in Progress For its three investment centers, Gerrard Company accumulates...
Question 7 View Policies Current Attempt in Progress For its three investment centers, Gerrard Company accumulates the following data: Sales $1,996,000 $4,043,000 $3,962,000 785,760 2,663,760 4,372,200 Controllable margin Average operating assets 4,911,000 8,072,000 12,145,000 Compute the return on investment (ROI) for each center. The return on investment
Problem 15-23 Comparing return on investment and residual income Helena Corporation operates three investment centers. The...
Problem 15-23 Comparing return on investment and residual income Helena Corporation operates three investment centers. The following financial statements apply to the investment center named Bowman Division. BOWMAN DIVISION Income Statement For the Year Ended December 31,2018 138,000 78,000 60,000 Sales revenue Cost of goods sold Gross margin Operating expenses Selling expenses Depreciation expense (6,000) 8.000) 46,000 Operating income Nonoperating item Loss on sale of land Net income (16,000) 30,000 BOWMAN DIVISION Balance Sheet As of December 31, 2018 Assets...
18 Rooney Corporation operates three investment centers. The following financial statements apply to the investment center...
18 Rooney Corporation operates three investment centers. The following financial statements apply to the investment center named Bowman Division: Skipped BOWMAN DIVISION Income Statement For the Year Ended December 31, 2018 Sales revenue $106,580 Cost of goods sold 59,975 Gross margin 46,605 Operating expenses Selling expenses (2,710) Depreciation expense (4,175) Operating income 39,720 Nonoperating item Loss of sale of land (3,500) Net income $ 36,220 BOWMAN DIVISION Balance Sheet As of December 31, 2018 Assets Cash Accounts receivable Merchandise inventory...
Question 4 View Policies Current Attempt in Progress For its three investment centers, Gerrard Company accumulates...
Question 4 View Policies Current Attempt in Progress For its three investment centers, Gerrard Company accumulates the following data: Sales Controllable margin $2.084.000 $4,047,000 $4,020,000 886,860 2.137.860 4,203,850 4.927.000 7918,000 12,011,000 Average operating assets Compute the return on investment (ROI) for each center. The return on investment e Textbook and Media
Brief Exercise 10-10 For its three investment centers, Gerrard Company accumulates the following data: І II...
Brief Exercise 10-10 For its three investment centers, Gerrard Company accumulates the following data: І II Sales Controllable margin Average operating assets $1,920,000 1,344,000 4,903,000 $4,013,000 2,006,500 8,021,000 III $4,033,000 3,629,700 12,010,000 The centers expect the following changes in the next year: (I) increase sales 14%; (II) decrease costs $404,000; (III) decrease average operating assets $534,000. Compute the expected return on investment (ROI) for each center. Assume center I has a controllable margin percentage of 70%. (Round ROI to 1...
18 Solomon Corporation operates three Investment centers. The following financial statements apply to the investment center...
18 Solomon Corporation operates three Investment centers. The following financial statements apply to the investment center named Bowman Division BORCUN DIVISION Income Statement Tor the Year Ended December 31, 2018 Sales revenue $107,280 Cost of goods sold 58, 775 Gross margin 48,505 Operating expenses Selling expenses (2,780) Depreciation (4,135) expense Operating income 41,590 Nonoperating item Loss of sale of (4,000) Net Income $ 37.590 BOWMAN DIVISION Balance Sheet As of December 31, 2018 Assets Cash $ 12,582 Accounts receivable 40,...
Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment center income Investment center average invested assets Investment Investment Center A Center B $ 420,000 $ 530,000 $2,500,000 $2,000,000 The return on investment (ROI) for Investment Center A is: Multiple Choice 588.30% 24.30% 16.80% 39.60 19.30
Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Investment Center B Center A Investment center income $415,000 $525,000 Investment center average invested assets $2,400,000 $1,950,000 What is the return on investment for Investment Center A? Select one: O a. 17.3% O o O b. 19.1% c.26.9% d. 24.1% e. 39.2%
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..
Question 7 View Policies Current Attempt in Progress For its three investment centers, Gerrard Company accumulates the following data: Sales $1,996,000 $4,043,000 $3,962,000 785,760 2,663,760 4,372,200 Controllable margin Average operating assets 4,911,000 8,072,000 12,145,000 Compute the return on investment (ROI) for each center. The return on investment
Problem 15-23 Comparing return on investment and residual income Helena Corporation operates three investment centers. The following financial statements apply to the investment center named Bowman Division. BOWMAN DIVISION Income Statement For the Year Ended December 31,2018 138,000 78,000 60,000 Sales revenue Cost of goods sold Gross margin Operating expenses Selling expenses Depreciation expense (6,000) 8.000) 46,000 Operating income Nonoperating item Loss on sale of land Net income (16,000) 30,000 BOWMAN DIVISION Balance Sheet As of December 31, 2018 Assets...
18 Rooney Corporation operates three investment centers. The following financial statements apply to the investment center named Bowman Division: Skipped BOWMAN DIVISION Income Statement For the Year Ended December 31, 2018 Sales revenue $106,580 Cost of goods sold 59,975 Gross margin 46,605 Operating expenses Selling expenses (2,710) Depreciation expense (4,175) Operating income 39,720 Nonoperating item Loss of sale of land (3,500) Net income $ 36,220 BOWMAN DIVISION Balance Sheet As of December 31, 2018 Assets Cash Accounts receivable Merchandise inventory...
Question 4 View Policies Current Attempt in Progress For its three investment centers, Gerrard Company accumulates the following data: Sales Controllable margin $2.084.000 $4,047,000 $4,020,000 886,860 2.137.860 4,203,850 4.927.000 7918,000 12,011,000 Average operating assets Compute the return on investment (ROI) for each center. The return on investment e Textbook and Media
Brief Exercise 10-10 For its three investment centers, Gerrard Company accumulates the following data: І II Sales Controllable margin Average operating assets $1,920,000 1,344,000 4,903,000 $4,013,000 2,006,500 8,021,000 III $4,033,000 3,629,700 12,010,000 The centers expect the following changes in the next year: (I) increase sales 14%; (II) decrease costs $404,000; (III) decrease average operating assets $534,000. Compute the expected return on investment (ROI) for each center. Assume center I has a controllable margin percentage of 70%. (Round ROI to 1...
18 Solomon Corporation operates three Investment centers. The following financial statements apply to the investment center named Bowman Division BORCUN DIVISION Income Statement Tor the Year Ended December 31, 2018 Sales revenue $107,280 Cost of goods sold 58, 775 Gross margin 48,505 Operating expenses Selling expenses (2,780) Depreciation (4,135) expense Operating income 41,590 Nonoperating item Loss of sale of (4,000) Net Income $ 37.590 BOWMAN DIVISION Balance Sheet As of December 31, 2018 Assets Cash $ 12,582 Accounts receivable 40,...
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