The following data are for the most recent year of operations: The division's margin used to compute ROI is closest to: Multiple Choice 34.4% 37.5% 25.0% 9.4% Expert Solution Want to see the full answer? The times recorded for a particular order appear below: Cabell Products is a division of a major corporation. ROI? = $2,000,000/$34,670,000 was not in equilibrium for a product or service. The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $760,000 $ 46,000 $260,000 $ 76,000 $ 16,000 For the past year, the margin used in ROI calculations was: Multiple Choice 6.05% O O 8.72% O 10.00% 8.16% C. Experts are tested by Chegg as specialists in their subject area. Last year the division had total sales of $10,400,000, net operating income of $540,800, and average operating assets of $2,392,000. Last year the division had total sales of $20,070,000, net operating income of $1,063,710, and average operating assets of $4,415,400. Compute average operating assets. (Note: Round answer to two decimal places.) The company would need to invest $168,000 in equipment that will have zero salvage value at the end of the project. Last year the division had total sales of $17,540,000, net operating income of $1,438,280, and average operating assets of $4,735,800. Data for each division for last year are as follows (numbers in thousands): The income tax rate for Xenold, Inc., is 40 percent. True or False. The division's, Gilde Industries is a division of a major corporation. Dacker Products is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,400,000 Net operating income $870,000 Average operating assets $4,000,000 What is the division's return on investment (ROI)? At the end of the year, Elway had 23,700,000 in operating assets. Compute the ROI and the margin and turnover ratios for each year for the Furniture Division. Residual Income The Avila Division of Maldonado Company had operating income last year of 136,400 and average operating assets of 1,900,000. Identify the articles that correctly complete the following sentence. A: Please find the answers to the above questions below: A: Profit margin ratio: The company', Cabal Products is a division of a major corporation. 2. The following data are for the most recent year of operations: Sales $ 37,880,000 Net operating income $ 3,508,960 Average operating assets $ 9,400,000 The company's minimum required rate of return 14 % The division's residual income is closest to: Which of the following do you prefer for business/ economic transactions. (Round to four significant digits.) Data concerning the most recent year appears below: Sales $17,830,000 Net operating income $838,010 Average operating assets $4,570,000 The divisi, Given the following Data: Division A Division B Division C Sales $6,500,000 $10,500,000 $9,600,000 Average operating assets $1,300,000 $5,250,000 $1,920,000 Net operating income $364,000 $1,008,000 $273,600 Minimum required rate of return 21.00% 19.20% 18, Aide Industries is a division of a major corporation. The division's margin is closest to: (a) 28.4% (b) 22.6% (c, Coolbrook company has the following information avaiable for past year. Last year the division had total sales of $10,600,000, net operating income of $1,070,600, and average operating assets of $4,000,000. Forchen, Inc., provided the following information for two of its divisions for last year: Required: 1. Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of $30,000, and invested assets of $600000. A batch of sugar beets costs $60 to buy from farmers and $19 to crush in the company's plant. Chapter 11 managerial accounting help Flashcards _ Quizlet.pdf, Waterfall, Ltd. manufactures custom basketball jerseys for professional basketball teams. True or False, A vertically integrated company is less dependent on its suppliers than a company that is not vertically integrated. The compan, Gilde Industries is a division of a major corporation. Residual income is: a) Net operating income plus the minimum required return on average operating assets. $15,000 c. ($60,000) d. $60,0, Gaal Industries is a division of a major corporation. The division's, Gilde Industries is a division of a major corporation. Course Hero is not sponsored or endorsed by any college or university. % The division's residual income is closest to: Experts are tested by Chegg as specialists in their subject area. TARDIS has the capacity to produce 100,000 Sonic Screwdrivers each year. = The company's minimum required rate of return is 18%. Learn residual income definition and residual income formula. Residual income can be defined as a remaining income left with the company after deducting the expenses made on the capital expenditures from the operating income. Course Hero is not sponsored or endorsed by any college or university. The unit product cost is $21, computed as follows: Compute the operating leverage based on the given income statement. All rights reserved. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year? The company's minimum required rate of return is 13%. The following data are for the most recent year of operations: Sales $11,520,000 Net operating income $322,560 Average operating assets $3,000,000 The company's minimum required rate of return 10% The di. a)Calculation of return on investments as follows under:-, A: Solution 1A to 1C You are meeting with your new remote team for the first time. Last year the division had total sales of $21,720,000, net operating income of $1,346,640, and average operating assets of $4,778,400. It is a profitability ratio calculated by the firm dividing operating income, A: Contribution margin = Total sales - Variable costs You have been asked to analyze the possible reasons the Specialty Products Division manager rejected the new product line. An advantage of using ROI to evaluate performance is that it encourages the manager to reduce the investment in operating assets as well as increase net operating income. Nakama Corporation is considering investing in a project that would have a 4 year expected useful life. Using the DuPont formula for return on investment, determine the profit margin, investment turnover, and return on investment of the Consumer Products Division, assuming that 143,750,000 of assets have been invested in the Consumer Products Division. The company, Cabal Products is a division of a major corporation. a; a, 10). Macon Mills is a division of Bolin Products. = NET OPERATING INCOME - (AVERAGE OPERATING ASSETS X MINIMUM REQUIRED RATE OF, A: Given information B. entertainment, news presenter | 4.8K views, 28 likes, 13 loves, 80 comments, 2 shares, Facebook Watch Videos from GBN Grenada Broadcasting Network: GBN News 28th April 2023 Anchor: Kenroy Baptiste. Ravena Labs., Inc. makes a single product which has the following standards: Direct materials: 2.5 ounces at $20 per ounce Direct labor: 1.4 hours at $12.50 per hour Variable manufacturing overhead: Ferrar Corporation has two major business segments-Consumer and Commercial. The income tax expense in year 2: The management of Leitheiser Corporation is considering a project that would require an initial investment of $57,000. Cash Vs Debit Card The divisions have the following revenues and expenses for June 2022: Cassette Vinyl CD Revenues $82,000, The TARDIS Corporation produces and sells a single product--Sonic Screwdrivers. Support your answer by determining the projected return on investment for 20Y6, assuming that the new product line was launched in the Specialty Products Division and 20Y6 actual operating results were similar to those of 20Y5. Two intermediate products, beet fiber and beet juice, emerge from the crushing process. u do first? A: a. Dacker Products is a division of a major corporation. Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division. By automating the process, the company would save $133,500 per year in cash operating costs. | Sales | $900,000 | Net operating income | $36,000 | Stockholders' equity | $100,000 | Average operating assets | $180,000 | Minimum required rate of return | 15% Company A's residual income is: A. The company's minimum required rate of return is 12%. The firm uses two departments to manufacture these jerseys: the Cutting Department and the Sewing, Allocation of OH Costs - Waterfall, Ltd.; Background information Waterfall, Ltd. manufactures custom basketball jerseys for professional basketball teams. If expenses could be reduced by 3,450,000 without decreasing sales, what would be the impact on the profit margin, investment turnover, and return on investment for the Consumer Products Division? B. Sugar beets are processed in batches. $900,000 C. $660,000 D. $540,000. where, It analysis the organization's ability to increase its return on equity. Calculate Xenolds weighted average cost of capital. Return on Investment in terms of Margin and, A: WorkingDivisionA Cabell Products is a division of a major corporation. A: Here in this question, we are required to calculate break even point for Division A. The following data are for the latest year of operations: Sales $24,900,000 Net operating income 900,400 Average operating assets 6,000,000 Corporation's minimum required rate of return 12% Required: a, Eacher Wares is a division of a major corporation. We all laughed at the joke about_ honest man, even thou This site is using cookies under cookie policy . Required: 1. Dacker Products is a division of a major corporation. Last year the division had total sales of $24,040,500, net operating income of $3,726,278, and average operating assets of $7,755,000. Compute the contribution margin per unit, and calculate the break-even point in units. $, Coolbrook Company has the following information available for the past year: River division Stream division Sales revenue $1,208,000 $1,819,000 Cost of goods sold and operating expenses 892,000 1,296,000 Net operating income $316,000 $523,000 Average inve, Coolbrook Company has the following information available for the past year: River Division Stream Division Sales revenue $1,209,000 $1,805,000 Cost of goods sold and operating expenses 887,000 1,300,000 Net operating income $322,000 $505,000 Average inve, Starship Corporation uses the residual income to evaluate the performance of its divisions. Last year the division had total sales of $11,440,000, net operating income of $686,400, and average operating assets of $2,402,400. Investment Turnover = Sales / Invested Assets 17.4% b. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. What is, Daab Products is a division of a major corporation. Xenold, Inc., has been in business for over 15 years and is considered a relatively stable stock, despite its link to the cyclical construction industry. The comp, Gilde Industries is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 37,880,000 Net operating income $ 3,508,960 Average operating assets $ 9,400,000 The company's minimum required rate of return 14 % The division's residual income is closest to: See answer Advertisement abdulmajeedabiodunac What was the Consumer Products Division's residual income in May? (Note: Round the answer for margin ratio to two decimal places.) Dacker Products is a division of a major corporation. How would that affect average operating assets? 2. Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales$36,980,000 Net operating income$3,058,960 Average operating assets$8,500,000 The company's minimum required rate of return 14% The division's residual income is closest to: Multiple Choice. (Note: Round all answers to two decimal places.) What is the ROI? 4. The working capital would be released for use elsewhere at the end of the project. e. Suggest an alternative performance measure for motivating division managers to accept new investment opportunities that would increase the overall company income and return on investment. The following data are for the most recent year of operations: Sales $36,480,000 Net operating income $ 2,808,960 Average operating assets $ 8,000,000 The company's minimum required rate of return 16% The division's turnover used to compute ROI is closest to: Explanation Turnover = Sales . In January, the Commercial Products Division had average operating assets of $970,000 and a net operating inc, The following information is available for our company for the current year: Operating income $45,000 Average total assets $400,000 Net sales $900,000 Required rate of return 12% Calculate the profit margin. (Note: Round the answer for margin ratio to two decimal places.) Sales $38,000,000 Net Operating Income $2,800,000 Average Operating Assets $15,000,000 The company's minimum required rate of return 20% Requi, Chace Products is a division of a major corporation. ROI = Earnings * 100/Average operating assets, A: Break even Sales=FixedcostsxSalesSales-VariableCosts, A: solution : The compan, Gilde Industries is a division of a major corporation. The beet fiber can be sold as is for $30 or processed further for $29 to make the end product industrial fiber that is sold for $77. See Answer Question: Dacker Products is a division of a major corporation. Last year, the division had total sales of $10,040,000, net operating income of $582,320, and average operating assets of $4,000,000. Xenold, Inc., manufactures and sells cooktops and ovens through three divisions: Home, Restaurant, and Specialty. Repeat, using the contribution margin ratio. 9.8%, Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger, Carl Warren, Ph.d. Cma William B. Tayler, Dacker Products is a division of a major corporation. The company's minimum required rate of return is 12.50%. A: 1. Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of $30,000, and invested assets of $600000. The following data are for the latest year of operations: Sales 5,820,000 dollars, Net operating income 436,500 dollars, Average operating assets 2, The Consumer Products Division of Mickolick Corporation had average operating assets of $490,000 and net operating income of $41,000 in August. $8,600 c. $60,200 d. $17,200. What was Swift Company's minimum required rate of return last year?
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