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apter 24 Problems Investment Center $10,400,000 $ $ Sales ? Net income $ 352,000 Average...
Investment Center A B Sales $ ? $ 11,500,000 Net income $ 453,000 $ ? Average...
Investment Center
A
B
Sales
$
?
$
11,500,000
Net income
$
453,000
$
?
Average invested assets
$
1,510,000
$
?
Profit margin
6
%
?
%
Investment turnover
?
2.0
Return on investment
?
%
12
%
Use the information in the following table to compute each
department’s contribution to overhead (both in dollars and as a
percent). (Round your final answers to 2 decimal
places.)
Profit Margin: Choose Numerator / Choose Denominator: = Profit Margin Investment...
Investment Center income ^ 565,20 $12,100,000 2 $ 565,200 $1,570,000 $12,100 $22,100,000 $ Sales Net income...
Investment Center income ^ 565,20 $12,100,000 2 $ 565,200 $1,570,000 $12,100 $22,100,000 $ Sales Net income Average invested assets Profit margin Investment turnover Return on investment Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Profit Margin: Choose Numerator: Choose Denominator Investment Center A - Profit Margin - Profit margin 8 .00% / / Investment Turnover: Choose Numerator: Investment Center...
A company's shipping division (an investment center) has sales of $2,580,000, net income of $903,000, and...
A company's shipping division (an investment center) has sales of $2,580,000, net income of $903,000, and average invested assets of $1,720,000 Compute the Division's Profit Margin. Choose Numerator: Choose Denominator: Profit Margin Profit margin Compute the Division's Investment Turnover. Choose Numerator: Choose Denominator: Investment Turnover Investment turnover
ZNet Co. is a web-based retail company. The company reports the following for 2017 Sales Operating...
ZNet Co. is a web-based retail company. The company reports the following for 2017 Sales Operating income Average invested assets $13,920,000 6,960,000 34,800,000 The company's CEO believes that sales for 2018 will increase by 30%, and both profit margin (%) and the level of average invested assets will be the same as for 2017 1. Compute return on investment for 2017. 2. Compute profit margin for 2017. 3. If the CEO's forecast is correct, what will return on investment equal...
Use the following information for the Exercises below. [The following information applies to the questions displayed...
Use the following information for the Exercises below. [The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. ($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 (The following information applies to the questions displayed below.] A food manufacturer reports the...
Required information (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) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,697 2,611 2,699 367 Cheese Division $4,490 4,418 3,943 652 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2...
Required information [The following information applies to the questions displayed below.] A food manufacturer reports the...
Required information [The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. Cheese Beverage ($millions) Division Division Invested assets, beginning Invested assets, ending $2,675 $4,468 2,599 4,406 Sales 2,687 355 3,931 Operating income 640 1. Compute return on investment. 2. Compute profit margin 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 2 Required 1 Required...
[The following information applies to the questions displayed below.) A food manufacturer reports the following for...
[The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,800 2,700 2,690 358 Cheese Division $5,300 5,200 |_3,934 643 1. Compute return on investment 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute...
Required information (The following information applies to the questions displayed below.) A food manufacturer reports the...
Required information (The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,680 2,602 2,690 358 Cheese Division $4,473 4,409 3,934 643 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...
Investment Center
A
B
Sales
$
?
$
11,500,000
Net income
$
453,000
$
?
Average invested assets
$
1,510,000
$
?
Profit margin
6
%
?
%
Investment turnover
?
2.0
Return on investment
?
%
12
%
Use the information in the following table to compute each
department’s contribution to overhead (both in dollars and as a
percent). (Round your final answers to 2 decimal
places.)
Profit Margin: Choose Numerator / Choose Denominator: = Profit Margin Investment...
Investment Center income ^ 565,20 $12,100,000 2 $ 565,200 $1,570,000 $12,100 $22,100,000 $ Sales Net income Average invested assets Profit margin Investment turnover Return on investment Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Profit Margin: Choose Numerator: Choose Denominator Investment Center A - Profit Margin - Profit margin 8 .00% / / Investment Turnover: Choose Numerator: Investment Center...
A company's shipping division (an investment center) has sales of $2,580,000, net income of $903,000, and average invested assets of $1,720,000 Compute the Division's Profit Margin. Choose Numerator: Choose Denominator: Profit Margin Profit margin Compute the Division's Investment Turnover. Choose Numerator: Choose Denominator: Investment Turnover Investment turnover
ZNet Co. is a web-based retail company. The company reports the following for 2017 Sales Operating income Average invested assets $13,920,000 6,960,000 34,800,000 The company's CEO believes that sales for 2018 will increase by 30%, and both profit margin (%) and the level of average invested assets will be the same as for 2017 1. Compute return on investment for 2017. 2. Compute profit margin for 2017. 3. If the CEO's forecast is correct, what will return on investment equal...
A food manufacturer reports the following for two of its
divisions for a recent year.
($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 (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) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,697 2,611 2,699 367 Cheese Division $4,490 4,418 3,943 652 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2...
Required information [The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. Cheese Beverage ($millions) Division Division Invested assets, beginning Invested assets, ending $2,675 $4,468 2,599 4,406 Sales 2,687 355 3,931 Operating income 640 1. Compute return on investment. 2. Compute profit margin 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 2 Required 1 Required...
[The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,800 2,700 2,690 358 Cheese Division $5,300 5,200 |_3,934 643 1. Compute return on investment 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute...
Required information (The following information applies to the questions displayed below.) A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,680 2,602 2,690 358 Cheese Division $4,473 4,409 3,934 643 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...
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