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Bramble, Inc., reported the following results for last year. Net operating income Sales revenue Average operating...
Bramble Design Works generated $365,000 in operating income on sales revenue of $2,000,000. The company had...
Bramble Design Works generated $365,000 in operating income on sales revenue of $2,000,000. The company had $2,520,000 in assets on January 1 and $2,920,000 in assets on December 31 (a) Calculate Bramble's margin. (Round answer to 0 decimal places, e.g. 5%) Bramble's margin % (b) Calculate Bramble's asset turnover. (Round answer to 2 decimal places, e.g. 0.65.) Bramble's asset turnover times Calculate Bramble's return on investment. (Round answer to 2 decimal places, e.g. 512%) Bramble's return on investment %
Calculating Average Operating Assets, Margin, Turnover, Return on Investment (ROI) Forchen, Inc., provided the following information...
Calculating Average Operating Assets, Margin, Turnover, Return on Investment (ROI) Forchen, Inc., provided the following information for two of its divisions for last year: Small Appliances Cleaning Products Division Division Sales $34,670,000 $31,320,000 Operating income 2,773,600 1,252,800 Operating assets, January 1 6,394,000 5,600,000 Operating assets, December 31 7,474,000 6,000,000 Required: 1. For the Small Appliances Division, calculate: a. Average operating assets $ 6,934,000 b. Margin c. Turnover d. Return on investm nent (ROI) 2. For the Cleaning Products Division, calculate:...
Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for...
Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: Sales $893,070,000 Less: Variable expenses 546,442,000 Contribution margin $346,628,000 Less: Fixed expenses 198,614,000 Operating income $148,014,000 At the beginning of last year, Elway had $38,632,000 in operating assets. At the end of the year, Elway had 541,363,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for last year. If required,...
x Your answer is incorrect. Try again. The South Division of Bramble Company reported the following...
x Your answer is incorrect. Try again. The South Division of Bramble Company reported the following data for the current year. Sales Variable costs Controllable fixed costs Average operating assets $3,050,000 2,013,000 610,000 5,000,000 Top management is unhappy with the investment center's return on investment (ROI). It asks the manager of the South Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action. 1. Increase...
The South Division of Wiig Company reported the following data for the current year. Sales Variable...
The South Division of Wiig Company reported the following data for the current year. Sales Variable costs Controllable fixed costs Average operating assets $2,900,000 1,914,000 600,000 5,000,000 Top management is unhappy with the investment center's return on investment (ROI). It asks the manager of the South Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action. 1. Increase sales by $300,000 with no change in...
The South Division of Sheridan Company reported the following data for the current year. Sales $3,050,000 Variable...
The South Division of Sheridan Company reported the following
data for the current year.
Sales
$3,050,000
Variable costs
2,013,000
Controllable fixed costs
600,000
Average operating assets
5,000,000
Top management is unhappy with the investment center’s return on
investment (ROI). It asks the manager of the South Division to
submit plans to improve ROI in the next year. The manager believes
it is feasible to consider the following independent courses of
action.
1.
Increase
sales by $300,000 with no change in...
Calculating Average Operating Assets, Margin, Tumover, Return on Investment (ROI) Forchen, Inc., provided the following information...
Calculating Average Operating Assets, Margin, Tumover, Return on Investment (ROI) Forchen, Inc., provided the following information for two of its divisions for last year: Small Appliances Cleaning Products Division Division Sales $34,670,000 $29,000,000 Operating income 2,773,600 1,160,000 Operating assets, January 1 6,394,000 5,600,000 Operating assets, December 31 7,474,000 6,000,000 Required: 1. For the Small Appliances Division, calculate: a. Average operating assets b. Margin C. Turnover d. Return on investment (ROI) 2. For the Cleaning Products Division, calculate: a. Average operating...
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Sales...
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Sales Average operating assets Net operating income Property, plant, and equipment (net) Division New South Queensland Wales $ 1,144,000 $2,220,000 $ 520,000 $ 600,000 $ 125,840 $ 177,600 $ 252.000 $ 202,000 Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. 2. Which divisional manager seems to be doing the...
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 $
6,000,000 $ 10,000,000 $ 9,100,000 Average operating assets $
1,200,000 $ 2,500,000 $ 1,820,000 Net operating income $ 306,000 $
910,000 $ 213,850 Minimum required rate of return 20.00 % 36.40 %
17.00 % Required: 1. Compute the return on investment (ROI) for
each division using the formula stated in terms of margin and
turnover....
The Central Division of American, Inc., has operating income of $16,500 on sales revenue of $192,000....
The Central Division of American, Inc., has operating income of $16,500 on sales revenue of $192,000. Divisional operating assets are $84,500, and management of American has determined that a minimum return of 14% should be expected from all investments. Required: a. Using the DuPont model, calculate The Central Division’s margin, turnover, and ROI. (Do not round your intermediate calculations and round final answers to 2 decimal places.) Central Division Margin % Turnover turns ROI % b. Calculate The Central...
Bramble Design Works generated $365,000 in operating income on sales revenue of $2,000,000. The company had $2,520,000 in assets on January 1 and $2,920,000 in assets on December 31 (a) Calculate Bramble's margin. (Round answer to 0 decimal places, e.g. 5%) Bramble's margin % (b) Calculate Bramble's asset turnover. (Round answer to 2 decimal places, e.g. 0.65.) Bramble's asset turnover times Calculate Bramble's return on investment. (Round answer to 2 decimal places, e.g. 512%) Bramble's return on investment %
Calculating Average Operating Assets, Margin, Turnover, Return on Investment (ROI) Forchen, Inc., provided the following information for two of its divisions for last year: Small Appliances Cleaning Products Division Division Sales $34,670,000 $31,320,000 Operating income 2,773,600 1,252,800 Operating assets, January 1 6,394,000 5,600,000 Operating assets, December 31 7,474,000 6,000,000 Required: 1. For the Small Appliances Division, calculate: a. Average operating assets $ 6,934,000 b. Margin c. Turnover d. Return on investm nent (ROI) 2. For the Cleaning Products Division, calculate:...
Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: Sales $893,070,000 Less: Variable expenses 546,442,000 Contribution margin $346,628,000 Less: Fixed expenses 198,614,000 Operating income $148,014,000 At the beginning of last year, Elway had $38,632,000 in operating assets. At the end of the year, Elway had 541,363,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin (as a percent) and turnover ratios for last year. If required,...
x Your answer is incorrect. Try again. The South Division of Bramble Company reported the following data for the current year. Sales Variable costs Controllable fixed costs Average operating assets $3,050,000 2,013,000 610,000 5,000,000 Top management is unhappy with the investment center's return on investment (ROI). It asks the manager of the South Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action. 1. Increase...
The South Division of Wiig Company reported the following data for the current year. Sales Variable costs Controllable fixed costs Average operating assets $2,900,000 1,914,000 600,000 5,000,000 Top management is unhappy with the investment center's return on investment (ROI). It asks the manager of the South Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action. 1. Increase sales by $300,000 with no change in...
The South Division of Sheridan Company reported the following
data for the current year.
Sales
$3,050,000
Variable costs
2,013,000
Controllable fixed costs
600,000
Average operating assets
5,000,000
Top management is unhappy with the investment center’s return on
investment (ROI). It asks the manager of the South Division to
submit plans to improve ROI in the next year. The manager believes
it is feasible to consider the following independent courses of
action.
1.
Increase
sales by $300,000 with no change in...
Calculating Average Operating Assets, Margin, Tumover, Return on Investment (ROI) Forchen, Inc., provided the following information for two of its divisions for last year: Small Appliances Cleaning Products Division Division Sales $34,670,000 $29,000,000 Operating income 2,773,600 1,160,000 Operating assets, January 1 6,394,000 5,600,000 Operating assets, December 31 7,474,000 6,000,000 Required: 1. For the Small Appliances Division, calculate: a. Average operating assets b. Margin C. Turnover d. Return on investment (ROI) 2. For the Cleaning Products Division, calculate: a. Average operating...
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Sales Average operating assets Net operating income Property, plant, and equipment (net) Division New South Queensland Wales $ 1,144,000 $2,220,000 $ 520,000 $ 600,000 $ 125,840 $ 177,600 $ 252.000 $ 202,000 Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. 2. Which divisional manager seems to be doing the...
Selected sales and operating
data for three divisions of different structural engineering firms
are given as follows: Division A Division B Division C Sales $
6,000,000 $ 10,000,000 $ 9,100,000 Average operating assets $
1,200,000 $ 2,500,000 $ 1,820,000 Net operating income $ 306,000 $
910,000 $ 213,850 Minimum required rate of return 20.00 % 36.40 %
17.00 % Required: 1. Compute the return on investment (ROI) for
each division using the formula stated in terms of margin and
turnover....
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