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). Management's target rate of return is 55% and the weighted average cost of capital is 10%. Its effective tax rate is 25%.
|
Sales |
$ 6 comma 000 comma 000$6,000,000 |
|
Operating income |
1 comma 800 comma 0001,800,000 |
|
Total assets |
3 comma 500 comma 0003,500,000 |
|
Current liabilities |
840 comma 000840,000 |
What is the division's Residual Income (RI)?
a. $406,250
b. $1,500,000
c. $1,450,000
d. $1,625,000
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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...
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 Operating income Total assets Current liabilities $4,200,000 $840,000 $1,500,000 $260,000 Management's target rate of return is 11% and the weighted average cost of capital is 8%. What is the Top Hat Division's Residual Income (RI)? $580,000 $336,000 $675,000 $378,000
Asun 30% k ing Shoes division of the All About Shoes Corporation had the following results...
Asun 30% k ing Shoes division of the All About Shoes Corporation had the following results last year in thousands). Management's targetrate ofretum is and the weighted average cost of capital 25%. Its atfective tax rate Sales Operating income Totales Current bites $10.000.000 2.000.000 4.000.000 What is the division's tais margin OA 250.00% OB. 50.00% OD. 1925
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 $4,600,000 $690,000 $2,000,000 $230,000 Management's target rate of return is 9% and the weighted average cost of capital is 5%. What is the Top Hat Division's Residual Income (RI)? O A. $276,000 O B. 510,000 O C. $230,000 OD, $460,000
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%
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%
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 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 $5,100,000 Operating income $510,000 Total assets $3,000,000 Current liabilities $260,000 Management's target rate of return is 24% and the weighted average cost of capital is 18%. What is the Top Hat Division's Return on Investment (ROI)? 5.10% 17.00% 170.00% 10.00%
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
Assume the Residential Division of Kindle Faucets had the following results last year Net sales revenue...
Assume the Residential Division of Kindle Faucets had the following results last year Net sales revenue Operating income Average total assets Management's target rate of retur $ 17,340,000 2,601,000 5,100,000 15% What is the division's RI? O A. S(1.873,500) OB. $1,873,500 O C. 1,836,000 OD. S(1,836,000)
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 Operating income Total assets Current liabilities $4,200,000 $840,000 $1,500,000 $260,000 Management's target rate of return is 11% and the weighted average cost of capital is 8%. What is the Top Hat Division's Residual Income (RI)? $580,000 $336,000 $675,000 $378,000
Asun 30% k ing Shoes division of the All About Shoes Corporation had the following results last year in thousands). Management's targetrate ofretum is and the weighted average cost of capital 25%. Its atfective tax rate Sales Operating income Totales Current bites $10.000.000 2.000.000 4.000.000 What is the division's tais margin OA 250.00% OB. 50.00% OD. 1925
The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Sales Operating income Total assets Current liabilities $4,600,000 $690,000 $2,000,000 $230,000 Management's target rate of return is 9% and the weighted average cost of capital is 5%. What is the Top Hat Division's Residual Income (RI)? O A. $276,000 O B. 510,000 O C. $230,000 OD, $460,000
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%
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%
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%
Assume the Residential Division of Kindle Faucets had the following results last year Net sales revenue Operating income Average total assets Management's target rate of retur $ 17,340,000 2,601,000 5,100,000 15% What is the division's RI? O A. S(1.873,500) OB. $1,873,500 O C. 1,836,000 OD. S(1,836,000)
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