Homework Answers
| Ans. | Option A 40% | ||||
| *Calculation: | |||||
| ROI = Operating income / Total assets * 100 | |||||
| 440000 / 1100000 * 100 | |||||
| 40% | |||||
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Pendant Publishing reported the following results for its Textbook Division: Sales Operating income Total assets Current...
Pendant Publishing reported the following results for its Textbook Division: Sales $4,600,000 Operating income $690,000 Total...
Pendant Publishing reported the following results for its Textbook Division: Sales $4,600,000 Operating income $690,000 Total assets $2,000,000 Current liabilities $1,100,000 Pendant's target rate of return is 17% and the weighted average cost of capital is 16%. Its effective tax rate is 40%. What is the Textbook Division's Residual Income (RI)? $350,000 $320,000 $1,056,000 $340,000
Sales Operating income Total assets Current liabilities $2,200,000 $440,000 $1,100,000 $1,460,000 Pendant's target rate of return...
Sales Operating income Total assets Current liabilities $2,200,000 $440,000 $1,100,000 $1,460,000 Pendant's target rate of return is 14% and the weighted average cost of capital is 13%, its effective tax rate is 25%. What is the Textbook Division's capital turnover? OA. 2.0 O B. 2.5 O C. 5.0 O D. 1.5
The Jazz Division of Heights Recording Corporation reported the following results last year: Sales $10,000,000 Operating...
The Jazz Division of Heights Recording Corporation reported the following results last year: Sales $10,000,000 Operating Income $2,200,000 Total Assets $4,000,000 Current Liabilities $2,500,000 Management's target rate of return is 12% and the weighted average cost of capital is 9%. Its effective tax rate is 32%. Calculate the ROI for the Jazz Division. A. 22% B. 12% C. 88% D. 55% Did the Jazz Division earn or exceed the target rate of return? A. Yes B. No
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands)....
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales $4,200,000 Operating income $840,000 Total assets $1,500,000 Current liabilities $220,000 Management's target rate of return is 22% and the weighted average cost of capital is 15%. What is the Top Hat Division's Return on Investment (ROI)? O A 5.24% OB. 20.00% OC. 280.00% OD. 56.00%
Assume the Residential Division of Kopper Faucets had the following results last year: Net sales revenue...
Assume the Residential Division of Kopper Faucets had the following results last year: Net sales revenue $ 16,000,000 Operating income 2,400,000 Average total assets 5,000,000 Management's target rate of return What is the division's ROI? O A. 48% OB. 320% OC. 208% OD. 15%
This Uusz: do pls po The Box Manufacturing Division of the Alied Paper Company reported the...
This Uusz: do pls po The Box Manufacturing Division of the Alied Paper Company reported the following results from the past year Shareholders require a retum of 4% Management calculated a weighted average cost of capital (WACC) of 2% Allied's corporate tax rate is 40% Sales $800,000 Operating income 320.000 Total assets 1,600.000 Current liabilities 600.000 What is the division's sales margin? O A 37.50% OB. 40.00% OC 20.00% OD 50.00%
Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last...
Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands) Managements target rate of retum is 25 % and the weighted average cost of capital is 10 % Its effective tax rate is 40 % $11,000,000 Sales Operating income Total assets Curent Sabiltios 4.400,000 1,500,000 800,000 What is the division's capital tunover OA 0.34 OB 7.33 OC. 250 OD. 1.88
The Top Hat Division of Blandon's Fine Menswear had the following results last year in thousands)....
The Top Hat Division of Blandon's Fine Menswear had the following results last year in thousands). Sales $4,200,000 Operating income $840,000 Total assets $1,500,000 Current liabilities $290,000 Management's target rate of return is 10% and the weighted average cost of capital is 9% What is the Top Hat Division's sales margin? O A. 280.00% OB. 6.90% O c. 20.00% OD. 56.00%
The Rainy Division of Seattle Corporation reported the following results from the past year. Shareholders require...
The Rainy Division of Seattle Corporation reported the following results from the past year. Shareholders require a retu is 25% of 5% Management calculated a weighted-average cost of captal (VACC) of 3% Rainy's corporate tax rate s000,000 Sales Operating income Total assets Current fabilties 180,000 1,300,000 300,000 What is the division's Residual Income (RI OA $115.000 OB $150,000 Oc. $30,000 OD. $180,000
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands)...
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands) Sales Operating income Total assets Current liabilities $4,200,000 $840,000 $1,500,000 $290,000 Management's target rate of return is 24% and the weighted average cost of capital is 17% What is the Top Hat Division's Return on Investment (ROI)? 6.90% 56.00% 20.00% 280.00%
Sales Operating income Total assets Current liabilities $2,200,000 $440,000 $1,100,000 $1,460,000 Pendant's target rate of return is 14% and the weighted average cost of capital is 13%, its effective tax rate is 25%. What is the Textbook Division's capital turnover? OA. 2.0 O B. 2.5 O C. 5.0 O D. 1.5
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales $4,200,000 Operating income $840,000 Total assets $1,500,000 Current liabilities $220,000 Management's target rate of return is 22% and the weighted average cost of capital is 15%. What is the Top Hat Division's Return on Investment (ROI)? O A 5.24% OB. 20.00% OC. 280.00% OD. 56.00%
Assume the Residential Division of Kopper Faucets had the following results last year: Net sales revenue $ 16,000,000 Operating income 2,400,000 Average total assets 5,000,000 Management's target rate of return What is the division's ROI? O A. 48% OB. 320% OC. 208% OD. 15%
This Uusz: do pls po The Box Manufacturing Division of the Alied Paper Company reported the following results from the past year Shareholders require a retum of 4% Management calculated a weighted average cost of capital (WACC) of 2% Allied's corporate tax rate is 40% Sales $800,000 Operating income 320.000 Total assets 1,600.000 Current liabilities 600.000 What is the division's sales margin? O A 37.50% OB. 40.00% OC 20.00% OD 50.00%
Assume the Hiking Shoes division of the All About Shoes Corporation had the following results last year (in thousands) Managements target rate of retum is 25 % and the weighted average cost of capital is 10 % Its effective tax rate is 40 % $11,000,000 Sales Operating income Total assets Curent Sabiltios 4.400,000 1,500,000 800,000 What is the division's capital tunover OA 0.34 OB 7.33 OC. 250 OD. 1.88
The Top Hat Division of Blandon's Fine Menswear had the following results last year in thousands). Sales $4,200,000 Operating income $840,000 Total assets $1,500,000 Current liabilities $290,000 Management's target rate of return is 10% and the weighted average cost of capital is 9% What is the Top Hat Division's sales margin? O A. 280.00% OB. 6.90% O c. 20.00% OD. 56.00%
The Rainy Division of Seattle Corporation reported the following results from the past year. Shareholders require a retu is 25% of 5% Management calculated a weighted-average cost of captal (VACC) of 3% Rainy's corporate tax rate s000,000 Sales Operating income Total assets Current fabilties 180,000 1,300,000 300,000 What is the division's Residual Income (RI OA $115.000 OB $150,000 Oc. $30,000 OD. $180,000
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands) Sales Operating income Total assets Current liabilities $4,200,000 $840,000 $1,500,000 $290,000 Management's target rate of return is 24% and the weighted average cost of capital is 17% What is the Top Hat Division's Return on Investment (ROI)? 6.90% 56.00% 20.00% 280.00%
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