1 question
2 question
please help me with these two questions. thanks
1.
Asset Turnover = Sales/Average operating assets
= 6,000,000/4,000,000
= 1.5
Option C
2.
ROI = margin * Turnover
= 11*2
= 22%
Option B
1 question 2 question please help me with these two questions. thanks The following information is for two di...
please help me with these 3 questions. thanks Question 22 An advantage of ROI as a performance measure is that: it uses net sales to calculate the ratio. it is calculated the same way by different organizations. its denominator is operating assets available at year-end. it includes the use of assets to evaluate performance. OA Shot on OnePlus Powered by Dual Camera de 5 minutes to complete the exam. Each multiple choice question is worth 2 questions in total. Question...
please help me with these 4 questions... thanks Question 5 Which of the following statements, regarding notes receivable, is incorrect? All notes receivable are considered long-term assets. A notes receivable is a written promise that a customer will pay a fixed amount of principal plus interest by a certain date in the future. Notes receivable are sometimes called promissory notes. Notes receivable usually have longer terms than accounts receivable. « Previous Nes Wov 5 at 12:45pm Instructions Question 11 Which...
please help me. Question 1 Which of the following is the best definition for an operating budget? An estimate of the amount of cash inflows and outflows for the budget period. A series of budget schedules outlining the organization's plans for the next two years. A short-term budget that focuses on the daily business of the organization. An estimate of all operating costs other than production. DA Shot on OnePlus Powered by Dual Camera Not save questions in total. Question...
13. The following information pertains to the three divisions of Marlow Company: Division Z Division Y Division X $1,250,000 $75,000 Sales ? ? Net operating income $36,000 $25,000 Average operating $300,000 ? ? assets Return on ? 20% 15% investment Margin 0.10 0.05 ? Turnover 1.2 ? ? Target ROI 15% 12% 10% What is the residual income for Division X? А. $36,000 $45,000 $(9,000) $(36,000) В. С. D. The Auto Division of a department store had a net operating...
Help me please. Problem 10-18 Return on Investment (ROI) and Residual Income [LO10-1, LO10-2] "I know headquarters wants us to add that new product line" said Dell Havasi, manager of Billings Company's Office Products Division. "But I want to see the numbers before I make any move. Our division's return on investment (ROI) has led the company for three years, and I don't want any letdown." Billings Company is a decentralized wholesaler with five autonomous divisions. The divisions are evaluated...