Homework Answers
Answer:- $675000
Residual income = operating income - (rate of return*average operating assets)
= 840000-(11%*1500000)
=$675000
Add Answer to:
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)...
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 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 $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%
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...
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 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 retum $ 17,340,000 2,601,000 5,100,000 15% What is the division's RI? O A. $(1,873,500) OB. $1,873,500 O C. 1,836,000 OD. $(1,836,000) Click to select your answer
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
21 of 40 celot Corporation had the following results last year (in thousands). Management's target rate...
21 of 40 celot Corporation had the following results last year (in thousands). Management's target rate of retum is 5 % and the weighted average cost of capital is 30%. Its effective tax rate is 25 % ales perating income otal assets Current liabilites $25,000,000 2,700,000 6.000,000 5,520,000 What is the division's Return on Investment (ROI)? OA. 45.00% OB. 10.80 % OC 48.91 % O D. 222.22%
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%
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
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 Residential Division of Kindle Faucets had the following results last year Net sales revenue Operating income Average total assets Management's target rate of retum $ 17,340,000 2,601,000 5,100,000 15% What is the division's RI? O A. $(1,873,500) OB. $1,873,500 O C. 1,836,000 OD. $(1,836,000) Click to select your answer
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
21 of 40 celot Corporation had the following results last year (in thousands). Management's target rate of retum is 5 % and the weighted average cost of capital is 30%. Its effective tax rate is 25 % ales perating income otal assets Current liabilites $25,000,000 2,700,000 6.000,000 5,520,000 What is the division's Return on Investment (ROI)? OA. 45.00% OB. 10.80 % OC 48.91 % O D. 222.22%
Most questions answered within 3 hours.
-
If we observe in a protein solution that DNA is causing a
mixture 260/280 ratio ~0.9,...
asked 6 minutes ago -
Explain the steps involved in making cDNA from mRNA, and how you
would create a cDNA...
asked 6 minutes ago -
A beta (β) particle is described by which of the following?
Select the correct answer below:...
asked 9 minutes ago -
A new machine costs $150,000, lasts 10 years, has an annual
O&M cost of $50,000, and...
asked 12 minutes ago -
A newspaper in a large Midwestern city reported that the
National Association of Realtors said that...
asked 14 minutes ago -
1. Develop a use case diagram for the bank case study described
in Chapter 1. 2....
asked 24 minutes ago -
The phylum Protista has often been referred to as a junk drawer
of classification. Explain what...
asked 30 minutes ago -
The average amount of money spent for lunch per person in the
college cafeteria is $7.09...
asked 32 minutes ago -
You follow the lab procedure and at the end of Part 4C, you used
an average...
asked 51 minutes ago -
Write 250-450 words, about the following: • Analyze how a
servant leader in your organization or...
asked 55 minutes ago -
3. American and Japanese workers can each produce 4 cars a
year. An American worker can...
asked 58 minutes ago -
On October 1, 20X1, a company purchased a piece of land by
agreeing to pay the...
asked 1 hour ago