Homework Answers
Answer:-
A)
| Income | / | average assets | Return on investment (ROI) | |
| North division | 139500 | / | 930000 | 15% |
| West division | 360800 | / | 1640000 | 22% |
| South division | 210000 | / | 1400000 | 15% |
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Presented below is selected information for three regional divisions of Medina Company port North $300,000 $139,500...
Presented below is selected information for three regional divisions of Medina Company. Divisions North West South...
Presented below is selected information for three regional
divisions of Medina Company.
Divisions
North
West
South
Contribution margin
$299,000
$499,100
$400,800
Controllable margin
$139,500
$361,100
$208,500
Average operating assets
$930,000
$1,570,000
$1,390,000
Minimum rate of return
13
%
14
%
8
%
Compute the return on investment for each division.
North Division
%
West Division
%
South Division
%
LINK TO TEXT
Compute the residual income for each division.
North Division
$
West Division
$
South Division
$
LINK TO...
Presented below is selected information for three regional divisions of Medina Company. Divisions North West South...
Presented below is selected information for three regional divisions of Medina Company. Divisions North West South Contribution margin $299,700 $499,800 $399,300 Controllable margin $140,000 $359,100 $208,600 Average operating assets $1,000,000 $1,890,000 $1,490,000 Minimum rate of return 12 % 15 % 8 % a) Compute the return on investment for each division. North Division % West Division % South Division % b) Compute the residual income for each division Compute the return on investment for each division. North Division $ West...
North South West North and South North and West South and West North, South and West...
North South West North and South North and West South and West North, South and West Presented below is selected information for three regional divisions of Medina Company. Divisions North West South Contribution $500,900 $300,500 $401,000 margin Controllable margin $360,800 $210,000 $141,000 Average operating $940,000 $1,640,000 $1,400,000 assets Minimum rate of 13 % 14 % 10 % return Compute the return on investment for each division. North Division West Division South Division Compute the residual income for each division. North...
Presented below is selected information for two regional divisions of Yono Company: Divisions North West Sales...
Presented below is selected information for two regional divisions of Yono Company: Divisions North West Sales $401,800 $538,000 Operating income 61,811 102,968 Average investment 113,000 244,000 Calculate the return on investment for each division and then break it down into the return on sales and investment turnover. (Round Return on sales to 1 decimal places, e.g. 5.2% and other answers to 2 decimal place, e.g. 5.25 or 5.25%.) North Division Return on investment % Return on sales % Investment turnover...
Question 3 View Policies Current Attempt In Progress Horatio Inc. has three divisions which are operated as profit...
Question 3 View Policies Current Attempt In Progress Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. Compute the missing amounts. Operating Data Men's Shoes Women's Shoes $282,420 Children's Shoes $188,280 Contribution margin $ Controllable fixed costs 104,600 (5) Controllable margin (1) 94.140 99,370 470,700 627,600 Sales (6) 334,720 261,500 Variable costs e Textbook and Media Attempts: 0 of 2 used Save for Later Submit Answer The...
Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the...
Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the North (N), South (S), and West (W) regions, as profit centers. The chief executive officer (CEO) evaluates divisional performance, using income from operations as a percent of revenues. The following quarterly income and expense accounts were provided from the trial balance as of December 31: Revenues—N Region $988,000 Revenues—S Region 1,171,800 Revenues—W Region 2,089,500 Operating Expenses—N Region 626,100 Operating Expenses—S Region 697,400 Operating Expenses—W...
Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the...
Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the North (N), South (S), and West (W) regions, as profit centers. The chief executive officer (CEO) evaluates divisional performance, using income from operations as a percent of revenues. The following quarterly income and expense accounts were provided from the trial balance as of December 31: Revenues—N Region $1,163,800 Revenues—S Region 1,367,400 Revenues—W Region 2,524,700 Operating Expenses—N Region 737,500 Operating Expenses—S Region 813,800 Operating Expenses—W...
Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the...
Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the North (N), South (S), and West (W) regions, as profit centers. The chief executive officer (CEO) evaluates divisional performance, using income from operations as a percent of revenues. The following quarterly income and expense accounts were provided from the trial balance as of December 31: Revenues-N Region $1,055,700 Revenues-S Region 1,248,600 Revenues-W Region 2,291,900 Operating Expenses-N Region 669,000 Operating Expenses-s Region 743,100 Operating Expenses-W...
Presented below is selected information for three regional
divisions of Medina Company.
Divisions
North
West
South
Contribution margin
$299,000
$499,100
$400,800
Controllable margin
$139,500
$361,100
$208,500
Average operating assets
$930,000
$1,570,000
$1,390,000
Minimum rate of return
13
%
14
%
8
%
Compute the return on investment for each division.
North Division
%
West Division
%
South Division
%
LINK TO TEXT
Compute the residual income for each division.
North Division
$
West Division
$
South Division
$
LINK TO...
North South West North and South North and West South and West North, South and West Presented below is selected information for three regional divisions of Medina Company. Divisions North West South Contribution $500,900 $300,500 $401,000 margin Controllable margin $360,800 $210,000 $141,000 Average operating $940,000 $1,640,000 $1,400,000 assets Minimum rate of 13 % 14 % 10 % return Compute the return on investment for each division. North Division West Division South Division Compute the residual income for each division. North...
Question 3 View Policies Current Attempt In Progress Horatio Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetically are as follows. Compute the missing amounts. Operating Data Men's Shoes Women's Shoes $282,420 Children's Shoes $188,280 Contribution margin $ Controllable fixed costs 104,600 (5) Controllable margin (1) 94.140 99,370 470,700 627,600 Sales (6) 334,720 261,500 Variable costs e Textbook and Media Attempts: 0 of 2 used Save for Later Submit Answer The...
Profit Center Responsibility Reporting for a Service Company Thomas Railroad Company organizes its three divisions, the North (N), South (S), and West (W) regions, as profit centers. The chief executive officer (CEO) evaluates divisional performance, using income from operations as a percent of revenues. The following quarterly income and expense accounts were provided from the trial balance as of December 31: Revenues-N Region $1,055,700 Revenues-S Region 1,248,600 Revenues-W Region 2,291,900 Operating Expenses-N Region 669,000 Operating Expenses-s Region 743,100 Operating Expenses-W...
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