The Portland Division's operating data for the past two years is as follows:
Year 1 Year 2
Return on investment 8 % 15 %
Net operating income $ ? $ 750,000
Turnover ? 2
Margin ? ?
Sales $ 1,990,000 ?
The Portland Division's margin in Year 2 was 150% of the margin for Year 1. The turnover for Year 1 was:
The Portland Division's operating data for the past two years is as follows: Year 1 Year...
The Portland Division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 10 % 21 % Net operating income $ ? $ 430,500 Turnover ? 2 Margin ? ? Sales $ 2,040,000 ? The Portland Division's margin in Year 2 was 150% of the margin for Year 1. The turnover for Year 1 was: 1.70 9.00 2.35 1.43
The Portland Division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 16% 32% Net operating income ? $296,000 Turnover ? 2 Margin ? ? Sales $1,900,000 ? The Portland Division's margin in Year 2 was 100% of the margin for Year 1. The average operating assets for Year 2 were: $475,000 $125,000 $925,000 $525,000
The Portland Division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 12% 33% Net operating income$? $495,000 Turnover ? 2 Margin ? ? Sales$2,320,000 ? The Portland Division's margin in Year 2 was 150% of the margin for Year 1. The turnover for Year 1 was: Noreen 4e Rechecks 2017-31-03, 2017-17-04 rev: 07_17_2019_QC_CS-173103 13.00 1.96 1.09 3.00 Last year the Uptown Division of Gorcen Enterprises had sales of $645,000 and a net operating income of...
A division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 10% 14% Net operating income ? $140,000 Turnover ? 2 Margin ? ? Sales $1,000,000 ? In Year 2 the margin was twice as much as the margin in Year 1. How much was the division's Net Operating Income for Year 1? Multiple Choice $140,000 $35,000 $70,000 $100,000
The Millard Division's operating data for the past two years are provided below: Year 1 Year 2 Return on investment 12 % 36 % Net operating income ? $ 360,000 Turnover ? 3 Margin ? ? Sales $ 3,200,000 ? Millard Division's margin in Year 2 was 150% of the margin in Year 1. The net operating income for Year 1 was: Multiple Choice A)$240,000 B)$256,000 C)$384,000 D)$768,000
The Millard Division's operating data for the past two years are provided below: Year 1 Year 2 Return on investment Net operating income 15% 20% $580,000 Turnover 5 Margin Sales $3,310,000 Millard Division's margin in Year 2 was 130 % of the margin in Year 1 The net operating income for Year 1 was:
The Millard Division's operating data for the past two years are provided below: ook Year 1 12% ? Year 2 369 $540,000 Return on investment Net operating income Turnover Margin Sales rences $3,290,000 Millard Division's margin in Year 2 was 150% of the margin in Year 1. The net operating income for Year 1 was: o О $360,000 o $263,200 o $394,800 o О $789,600
The Reed Division reports the following operating data for the past two years: T Year 2 T Year 1 16% 2.5 ? $42.400 $84,800 Margin Turnover Average operating assets Net operating Income Stockholders' equity Sales 2 $240.000 T The return on investment at Reed was exactly the same in Year 1 and Year 2 Average operating assets in Year 1 were: $202,000 O O $240,000 $215,000 $106.000
Beta Inc has the following data for last years operations: Sales................................ $100,000 Net Operating Income........ $6,000 Average Operating Assets... $40,000 Stockholders Equity............... $25,000 Minimum Required rate of return. 10% a) Compute Residual Income b) Compute return of investment Alpha Corp reported operating data as follows for the past year: Sales..................$600,000 Net Operating Income....$30,000 Average Operating Assets....$200,000 Stakeholders Equity.................. $50,000 Residual Income........................ $14,000 a) Calculate Alpha's Minimum Rate of Return b)Alpha's Margin c) Alpha's turnover
Selected financial data for The Portland Porcelain Works Coffee Mug Division is as follows: OTTO 1 Sales | $2,400,000 Operating income $600,000 Total assets $750,000 Current liabilities $100,000 Target rate of return 13% Weighted average cost of capital 12% What is The Portland Porcelain Works Coffee Mug Division residual income? $97,500 $510,000 $697,500 $502,500