he following data are taken from the records of Dove Company, a division of Oasis Corporation for the year ended December 31, 2021 Sales 120,000,000.00 Less: Variable Cost and Expenses 8,000,000.00 Contribution Margin 4,000,000.00 Less:: Direct Fixed Cost and Expenses 1,000,000.00 Segment Income 3,000,000.00 The company used an average assets of P8,000,000.00 in 2021. The cost of capital is 12% Calculate the following: 1. Return on Sales 2. Asset Turnover 3. ROI 4. Residual Income
The following data are taken from the records of Dove Company, a division of Oasis Corporation for the year ended December 31, 2021
Sales 120,000,000.00
Less: Variable Cost and Expenses 8,000,000.00
Contribution Margin 4,000,000.00
Less:: Direct Fixed Cost and Expenses 1,000,000.00
Segment Income 3,000,000.00
The company used an average assets of P8,000,000.00 in 2021. The cost of capital is 12%
Calculate the following:
1. Return on Sales
2. Asset Turnover
3. ROI
4. Residual Income
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