Return on Investment
= Net Operating Income / Average operating assets x 100
=$3,258,960/8,900,000 x 100
= 0.366 or 36.6%
So, as per above calculations, option B that is, 36.6% is the correct option
TB MC Qu. 10-131 Dacker Products is a division of a major... Dacker Products is a...
Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 37,380,000 Net operating income $ 3,258,960 Average operating assets $ 8,900,000 The company's minimum required rate of return 16 % The division's margin used to compute ROI is closest to:
Check my work TB MC Qu. 11-135 Cabell Products is a division of a major... Cabell Products is a division of a major corporation. Last year the divislon had total sales of $10,400,000, net operating income of $540,800, and average operating assets of $2,392,000. The company's minimum required rate of return is 16 % The division's margin is closest to: Multiple Choice 5.2% 22.6% 32.5% 23.0% Prex 14 of 20 Ne > MacBook Air
Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $37,980,000 $ 3,558,960 $ 9,500,000 16% The division's margin used to compute ROI is closest to: Multiple Choice O 9.4% O 37.5% O 34.4% The division's margin used to compute ROI is closest to: Multiple Choice Ο 9.4% Ο 37.5% Ο Ο 34,4% 34.4% Ο Ο...
Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $37, 280,000 $ 3,208,960 $ 8,800,000 14% The division's margin used to compute ROI is closest to:
Check my TB MC Qu. 11-112 Agustin Industries is a... Agustin Industrles is a division of a major corporation. Data concerning the most recent year appears below Sales $17,560,000 Net operating income Average operating assets $1,071,160 $ 4,300,000 The division's return on investment (ROI) Is closest to: Multiple Choice 6.10% 24.91% 21.06% Prev 12 of 20 Next> MacBook Air
Dacker Products is a division of a major corporation. The following data are for the most recent year of operations Sales $37,880,000 $ 3,508,960 $ 9,400,000 Net operating income Average operating assets The company's minimum required rate of return 14% The division's margin used to compute ROI is closest to:
2. Cabell Products is a division of a major corporation. Last year the division had total sales of $21,720,000, net operating income of $1,346,640, and average operating assets of $4,778,400. The company's minimum required rate of return is 15%. The division's margin is closest to: Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $38,380,000...
Help Save & Exit Submit Check my work TB MC Qu. 11-145 The West Division of Cecchetti Corporation... The West Division of Cecchetti Corporation had average operating assets of $693,000 and net operating Income of $102,500 in August. The minimum required rate of return for performance evaluation purposes is 16% What was the West Division's minimum required return in August? Multiple Choice O $102,500 O $110.880 o $16,400 O $127.280 < Prex 18 of 20 !! Nex MacBook Air
TB MC Qu. 11-140 The following data are for the Akron... The following data are for the Akron Division of Consolidated Rubber, Inc. Sales Net operating income Average operating assets Stockholders' equity Residual income $850,000 $ 55,000 $ 350,000 $ 85,000 $ 25,000 For the past year, the margin used in ROI calculations was: For the past year, the margin used in ROI calculations was: ook Ο Ο Ο Ο < Prev 17 of 20 :: Next >
10 TB MC Qu. 2-32 Reamer Corporation uses a predetermined overhead... $1,000 $3,000 $4,000 $2,000 400 $ 800 $1,000 Direct labor Sales commissions We were unable to transcribe this image