The net sales, net income and total assets for Aaron Shipping, Inc. for a five-year period is shown in the following table. Use DuPont analysis to compute rate of return on average total assets for 2010 through 2012. (In thousands) 2012 2011 2010 2009 2008 $900 $400 $352 $314 $296 Net sales Net income 50 39 46 37 24 Total assets 308 269 252 231 209 Staples, Inc. is one of the largest suppliers of office products in the United States. It had net income of $738.7 million and sales of $24,275.5 million in 2009. Its total assets were $13,073.1 million at the beginning of the year and $13,717.3 million at the end of the year. What is Staples, Inc.'s (a) asset turnover ratio and (b) profit margin ratio? (Round to two decimals.) Provide a brief interpretation of your results. Using the information below for Laurels Company; determine the manufacturing costs added during the current year: Direct materials used $6,400 Direct labor 8,400 Total factory overhead 6,500 Beginning work in process 4,400 Ending work in process a. $18,900. b. $17,800. c. $23,700. d. $14,800. e. $21,300. 6,800

The net sales, net income and total assets for Aaron Shipping, Inc. for a five-year period is shown in the following table. Use DuPont analysis to compute rate of return on average total assets for 2010 through 2012. (In thousands) 2012 2011 2010 2009 2008 $900 $400 $352 $314 $296 Net sales Net income 50 39 46 37 24 Total assets 308 269 252 231 209 Staples, Inc. is one of the largest suppliers of office products in the United States. It had net income of $738.7 million and sales of $24,275.5 million in 2009. Its total assets were $13,073.1 million at the beginning of the year and $13,717.3 million at the end of the year. What is Staples, Inc.'s (a) asset turnover ratio and (b) profit margin ratio? (Round to two decimals.) Provide a brief interpretation of your results. Using the information below for Laurels Company; determine the manufacturing costs added during the current year: Direct materials used $6,400 Direct labor 8,400 Total factory overhead 6,500 Beginning work in process 4,400 Ending work in process a. $18,900. b. $17,800. c. $23,700. d. $14,800. e. $21,300. 6,800

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter10: Decentralization: Responsibility Accounting, Performance Evaluation, And Transfer Pricing

Section: Chapter Questions

Problem 11E: Xenold, Inc., manufactures and sells cooktops and ovens through three divisions: Home, Restaurant,...

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