The Tipton Division of Dudley Company reported the following data last year: Return on investment 20% Minimum required rate of return 12% Residual income $ 50,000 The division's net operating income last year was?
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The Tipton Division of Dudley Company reported the following data last year:
| 20% | |
| Minimum required |
12% |
| Residual income | $ 50,000 |
The division's net operating income last year was?
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- The following selected data pertain to the belt division of Allen Corp. for last year: Sales = $500,000 Average operating Assets = $200,000 Operating Income = $80,000 Turnover = 2.5 Min. Required Return = 20% What was the return on investment?What was the Paper Division's net operating income last year? The following information relates to last year's operations at the Paper Division of Germane Corporation: 15% Minimum required rate of return Return on investment (ROI) 18% Sales P810,000 Turnover (on operating assets) 5 times A. P24,300 В. Р29, 160 C. P145,800 D. P162,000 What was the Bread Division's minimum required rate of return last year? The following information relates to last year's operations at the Bread Division of Rison Bakery, Inc.: Residual income P12,000 Net operating income P60,000 Sales P300,000 Average operating assets P400,000 А. 12% B. 4% C. 15% D. 20%The following selected data pertain to the belt division of Allen Corp. for last year: * Sales $2,000,000 * Average operating assets $500,000 * Net operating income $300,000 * Turnover 4.0 * Minimum required return 18% How much is the return on investment? 1) 60% 2) 33% 3) 18% 4) 15%
- The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rate of return Return on investment (ROI) Sales Turnover (on operating assets) What was the Legume Division's net operating income last year? Multiple Choice O $72,000 O $52,500 $19,500 $24,000 7% 9.6% $750,000 3 timesThe following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rate of return Return on investment (ROI) 14% 16.5% Sales $970,000 Turnover (on operating assets) 5 times What was the Legume Division's net operating income last year?Kyle Corporation provides the following information for the Product Division and Service Division for the year. Product Division Service Division 420,000 $ 650,000 195,000 245,000 640,000 610,000 14.0% 14.0% Net sales Operating income Average total assets Target rate of return $ Requirement 1. Calculate the return on investment for each division. (Enter answers as a percent rounded to the nearest hundredth percent, X.XX%) The return on investment for the Product Division is The return on investment for the Service Division is Requirement 2. Which division has the highest ROI? % % Requirement 3. Calculate the residual income for each division. (Round answers to the nearest whole dollar.) The residual income for the Product Division is The residual income for the Service Division is Requirement 4. Which division has the highest residual income?
- The Millard Division's operating data for the past two years are provided below: Return on investment Net operating income Turnover Margin Sales Year 1 The turnover for Year 1 was: 12% ? ? ? $ 3,200,000 Year 2 Millard Division's margin in Year 2 was 150% of the margin in Year 1. 36% $360,000 3 ? ?Ryan Division has the following results for the year: Revenues $470,000Net income 130,000Total divisional assets are $625,000. The company's minimum required rate of return is 12 percent. What is the return on sales for Durand? Refer to Ryan Division, Residual income is?Durand Division has the following results for the year: Revenues $470,000Net income 130,000Total divisional assets are $625,000. The company's minimum required rate of return is 12 percent. Residual income for Durand is?
- The Magazine Division of XYZ publication Company had the following financial data for the year: Assets available for use P 1,000,000 BV P1,500,000 MV Residual income P 100,000 Return on investment 15% A. What was the Magazine Division’s segment income? B. If the manager of the Magazine Division is evaluated based on return on investment, how much would she willing to pay for an investment that promise to increase net segment income by P50,000?The Millard Division's operating data for the past two years are provided below: Year 1 Return on investment Net operating income Turnover Margin Sales 10% ? ? ? Year 2 24% $ 380,000 4 ? $ 3,210,000 Millard Division's margin in Year 2 was 120% of the margin in Year 1. The net operating income for Year 1 was: Note: Round your intermediate percentage calculations to the nearest whole percent. ?The Millard Division's operating data for the past two years are provided below: Return on investment Net operating income Turnover Margin Sales Multiple Choice O $264,800 $232,000 $99,300 Year 1 $132,400 15% ? 77 ? $ 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: (Round intermediate percentage computations to the nearest whole ? Year 2 20% $ 580,000 5 ? ?