Homework Answers
Asset turnover = Sales / Average investment
Asset turnover = $430,000 / $206,400
Asset turnover = 2.08
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Selected data from Division A of Green Company are as follows: Sales Average investment Operating income Minimum ra...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C $6,100,000 $10,100,000 $9,200,000 $1,525,000 $ 5...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C $6,100,000 $10,100,000 $9,200,000 $1,525,000 $ 5,050,000 $2,300,000 Sales Average operating assetS Net operating income $ 317,200 $ 929,200 $ 225,400 Minimum required ratee of return 15.00% 18.40% 12.00% Required 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover 2. Compute the residual income (loss) for each...
Selected sales and operating data for three divisions of different structural engineering firms are given as...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C Sales $ 7,400,000 $ 11,400,000 $ 10,500,000 Average operating assets $ 1,480,000 $ 2,850,000 $ 2,100,000 Net operating income $ 481,000 $ 1,197,000 $ 393,750 Minimum required rate of return 28.00 % 42.00 % 25.00 % 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Round...
Selected sales and operating data for three divisions of different structural engineering firms are given as...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Sales Average operating assets Net operating income Minimum required rate of return Division A $5,500,000 $1,100,000 $ 253,000 15.00% Division B $9,500,000 $4,750,000 $ 817,000 17.20% Division C $8,600,000 $1,720,000 $ 159,100 12.00% Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Round your Turnover answers to 2 decimal places. Round...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C Sales $ 12,920,000 $ 28,920,000 $ 26,150,...
Selected sales and operating data for three divisions of
different structural engineering firms are given as follows:
Division A
Division B
Division C
Sales
$
12,920,000
$
28,920,000
$
26,150,000
Average operating assets
$
3,230,000
$
7,230,000
$
5,230,000
Net operating income
$
516,800
$
462,720
$
758,350
Minimum required rate of return
7.00
%
7.50
%
14.50
%
Required:
1. Compute the return on investment (ROI) for each division
using the formula stated in terms of margin and turnover....
Selected sales and operating data for three divisions of different structural engineering firms are given as...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Average operating assets Net operating income Minimum required rate of return Division A $6,200,000 $1,240,000 $ 328 600 19.00% Division B $10.200,000 $5,100,000 $ 948,600 18.60€ Division C $9.300.000 $1,860,000 $ 237,150 16.0046 Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover (Round your answers to 2 decimal places.) Margin Turnover...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows:...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C Sales $ 5,700,000 $ 9,700,000 $ 8,800,000 Average operating assets $ 1,140,000 $ 4,850,000 $ 1,760,000 Net operating income $ 273,600 $ 853,600 $ 180,400 Minimum required rate of return 17.00 % 17.60 % 14.00 % Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover....
Selected sales and operating data for three divisions of different structural engineering firms are given as...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Sales Average operating assets Net operating income Minimum required rate of return Division A $12, 280,000 $ 3,070,000 $ 601,720 10.00% Division B $ 35, 350,000 $ 7,070,000 $ 600,950 10.50% Division C $20, 280,000 $ 5,070,000 $ 567,840 11.20% Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. 2. Compute...
Selected data from Chering Division's accounting records revealed the following: Sales $ 252,540 Average investment $...
Selected data from Chering Division's accounting records revealed the following: Sales $ 252,540 Average investment $ 131,300 Net operating income $ 20,700 Minimum rate of return (divisional cost of capital) 13 % Chering Division's asset turnover (AT) is calculated to be: Multiple Choice 6.343. 1.586. 1.923. 4.420. 12.200.
Selected sales and operating data for three divisions of different structural engineering firms are given as...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Sales Average operating assets Net operating income Minimum required rate of return Division A $ 7,100,000 $ 1,420,000 $ 440,200 25.00% Division B $ 11,100,000 $ 2,775,000 $ 1,132,200 40.80% Division C $10,200,000 $ 2,040,000 $ 351,900 22.008 Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. 2. Compute the residual...
Selected sales and operating data for three divisions of different structural engineering firms are given as...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A $12,560,000 $ 3,140,000 $ 577,760 7.00% Sales Average operating assets Net operating income Minimum required rate of return Division B $ 35,700,000 $ 7,140,000 $ 428,400 7.50% Division C $20,560,000 $ 5,140,000 $ 555, 120 10.80% points eBook Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. 2. Compute...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C $6,100,000 $10,100,000 $9,200,000 $1,525,000 $ 5,050,000 $2,300,000 Sales Average operating assetS Net operating income $ 317,200 $ 929,200 $ 225,400 Minimum required ratee of return 15.00% 18.40% 12.00% Required 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover 2. Compute the residual income (loss) for each...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Sales Average operating assets Net operating income Minimum required rate of return Division A $5,500,000 $1,100,000 $ 253,000 15.00% Division B $9,500,000 $4,750,000 $ 817,000 17.20% Division C $8,600,000 $1,720,000 $ 159,100 12.00% Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Round your Turnover answers to 2 decimal places. Round...
Selected sales and operating data for three divisions of
different structural engineering firms are given as follows:
Division A
Division B
Division C
Sales
$
12,920,000
$
28,920,000
$
26,150,000
Average operating assets
$
3,230,000
$
7,230,000
$
5,230,000
Net operating income
$
516,800
$
462,720
$
758,350
Minimum required rate of return
7.00
%
7.50
%
14.50
%
Required:
1. Compute the return on investment (ROI) for each division
using the formula stated in terms of margin and turnover....
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Average operating assets Net operating income Minimum required rate of return Division A $6,200,000 $1,240,000 $ 328 600 19.00% Division B $10.200,000 $5,100,000 $ 948,600 18.60€ Division C $9.300.000 $1,860,000 $ 237,150 16.0046 Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover (Round your answers to 2 decimal places.) Margin Turnover...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Sales Average operating assets Net operating income Minimum required rate of return Division A $12, 280,000 $ 3,070,000 $ 601,720 10.00% Division B $ 35, 350,000 $ 7,070,000 $ 600,950 10.50% Division C $20, 280,000 $ 5,070,000 $ 567,840 11.20% Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. 2. Compute...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Sales Average operating assets Net operating income Minimum required rate of return Division A $ 7,100,000 $ 1,420,000 $ 440,200 25.00% Division B $ 11,100,000 $ 2,775,000 $ 1,132,200 40.80% Division C $10,200,000 $ 2,040,000 $ 351,900 22.008 Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. 2. Compute the residual...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A $12,560,000 $ 3,140,000 $ 577,760 7.00% Sales Average operating assets Net operating income Minimum required rate of return Division B $ 35,700,000 $ 7,140,000 $ 428,400 7.50% Division C $20,560,000 $ 5,140,000 $ 555, 120 10.80% points eBook Required: 1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. 2. Compute...
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