Lousiville Inc. reported the following financial data for one of its divisions for the year; average invested assets of $490,000; sales of $990,000; and income of $113,000. The investment turnover is: Multiple Choice 2.02. 21.30. 433,60
Q: Davis Corporation reported the following financial data for one of its divisions for the year;…
A: Sales is the amount of goods or inventory sold during that period. Income is the earning or amount…
Q: Chabot Company had the following results last year: net operating income, $2,160; turnover, 5; and…
A:
Q: The following selected data pertain to the belt division of Allen Corp. for last year: * Sales…
A: Ratio analysis is a method of measuring the financial position of the organization with different…
Q: Sorrento Corporation's balance sheet indicates that the company has $500,000 invested in operating…
A: Profit Margin : Net Operating income/ Sales *100 Turnover : sales/Operating assets Return on…
Q: Holo Company reported the following financial numbers for one of its divisions for the year; averag
A: Division return on investment = Net profit / Average total assets Net Profit = sales - cost of goods…
Q: The following data relate to the Western Division of Palmerston Ltd for the current year. Sales…
A: Note:- Since you have posted a question with multiple sub-parts, we will solve the first three…
Q: Holo Company reported the following financial numbers for one of its divisions for the year; average…
A: Working Note: The formula for Residual income = Operating Income - (Minimum required rate of…
Q: A condensed income statement for the Electronics Division of Gihbli Industries Inc. for the year…
A: 1. Determine ROI of E Division, if income from operations is $126,000, sales are $1,575,000, and…
Q: The following data has been extracted from the year-end reports of two companies, Company X and…
A: A year-end report, likewise called a yearly report or end of year report, subtleties an…
Q: Division A's asset turnover (AT) is (rounded to two decimal places):
A: Given that , Sales = $490000 Average investment = $416500 Operating income = $ 83300
Q: following data have been extracted from the year-end reports of two companies – Company A and…
A: Net operating income (NOI) is a metric used to assess the viability of income-producing real estate…
Q: The Bottlebrush Company has income from operations of $69,768, invested assets of $204,000, and…
A: a. Calculate the profit margin for company B.
Q: East Mullett Manufacturing earned operating income last year as shown in the following income…
A: Return on investment = Net income / Average operating assets where, Average operating assets =…
Q: Ralston Company has operating income of $75,000, invested assets of $360,000, and sales of $790,000.…
A: DuPont Analysis states that return on equity is equal to margin of profits which is multiplied by…
Q: Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: Current…
A: Gross Profit - Selling expenses - Administrative expenses = Operating Income Operating Income -…
Q: The following data pertain to Dakota Division’s most recent year of operations. Income…
A: Ratio analysis: It is the financial analysis tool for measuring the profitability, liquidity,…
Q: The following information is extracted from Automotive Division for the year ended 31st December…
A: Return on investment is one of the profitability ratio which compares operating profit with net…
Q: A food manufacturer reports the following for two of its divisions for a recent year. ($…
A:
Q: Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mullett…
A: Turnover = Sales / Average operating assets Margin = Net income / sales
Q: lowing data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income…
A: The return on investment (ROI) is to measure the profitability of the investment. It is computed by…
Q: The Millard Division's operating data for the past two years are provided below: Year 1 Year 2…
A: Return on investment is an important accounting ratio which helps management to identify the best…
Q: The Central Division of Burlington Company reported the following operating data for the past year…
A: "Since you have posted a question with multiple sub-parts, we will solve first three sub- parts for…
Q: Bottlebrush Company has income from operations of $96,492, invested assets of $258,000, and sales of…
A: As per DuPont formula, ROI is computed by multiplying the profit margin with the Investment or…
Q: Bottlebrush Company has operating income of $106,032, invested assets of $188,000, and sales of…
A: a. Calculate the profit margin as follows; Profit Margin = Operating Income / Sales…
Q: The following information was drawn from the accounting records of Jones Company. (Round the…
A: Return on investment = Net income / Average total assets
Q: Colorway Inc. had total assets of P65,000,000 at year end and provided the following condensed…
A: Reportable segment is the reporting of the segment on the basis specified in the Indian Accounting…
Q: A company’s shipping division (an investment center) has sales of $2,420,000, net income of…
A: Formula to calculate profit margin: Profit margin = Net income / Net sales Formula to calculate…
Q: • The following are selected data for the division for the consumer products of ABC Corp for 2019:…
A: Sales = 50,000,000 Assets = 20,000,000
Q: Margin, Turnover, Return on Investment, Average OperatingAssetsElway Company provided the following…
A: "Since you have posted a question with multiple sub parts, we will solve first three sub parts for…
Q: The following selected data pertain to the belt division of Allen Corp. for last year: Sales =…
A: Given the following information: Sales = $500,000 Average operating Assets = $200,000 Operating…
Q: The following data are for the Akron Division of Consolidated Rubber, Inc: $920,000 $ 62,000…
A: Margin indicates the profit earning a percentage on sales. it can be calculated by dividing net…
Q: The following are the details from the income statements of division S and division C for the year…
A: Let Sales = S Operating cost = O Tax rate = T WACC = r Capital invested = C
Q: Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mullett…
A: Average operating asset is calculated by adding opening operating asset and closing operating asset…
Q: Sorrento Corporation's balance sheet indicates that the company has $500,000 invested in operating…
A: Given that: Investment in operating assets = $500,000 Operating Income = $50,000 Sales = $10,00,000
Q: Carter Company reported the following financial numbers for one of its divisions for the year;…
A: Residual income = Operating income - (Average invested assets*Minimum required rate of return)…
Q: The Bottlebrush Company has income from operations of $48,312, invested assets of $122,000, and…
A:
Q: For a recent year L’Oréal reported operating profit of €3,385 (in millions) for its cosmetics…
A: Return on investment: It can be defined as a financial ratio that is used to measure the efficiency…
Q: A company's division has sales of $2,610,000, income of $991,800, and average assets of $1,800,000.…
A: Solution: Compute the Division's Profit Margin Numerator / Denominator = Profit Margin Income…
Q: Louisville Inc. reported the following financial data for one of its divisions for the year; average…
A: Investment center profit margin = Income / Sales *100
Q: The following selected data pertain to the belt division of Allen Corp. for last year: * Sales…
A: Given the following information: Sales: $2,000,000 Average operating assets: $500,000 Net operating…
Q: Babak Industries is a division of a major corporation. Last year the division had total sales of…
A: Formula: Division's turnover = Sales revenue / Average Operating Assets
Q: Briggs Company has operating income of $108,955, invested assets of $283,000, and sales of $990,500.…
A: Return on Investment- It refers to the percentage of profit earned by investing money in a business…
Q: Dacker Products is a division of a major corporation. The following data are for the most recent…
A: Residual income is income that one proceeds to get after the completion of the income-producing…
Q: The following data pertain to Dakota Division's most recent year of operations. Income $ 4,350,000…
A: Sales Margin: The sales margin, also known as the contribution margin, is the amount of money a firm…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: At the beginning of last year, Elway had 28,300,000 in operating assets. At the end of the year, Elway had 23,700,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin and turnover ratios for last year. (Note: Round the answer for margin ratio to two decimal places.) 3. Compute ROI. (Note: Round answer to two decimal places.) 4. CONCEPTUAL CONNECTION Briefly explain the meaning of ROI. 5. CONCEPTUAL CONNECTION Comment on why the ROI for Elway Company is relatively high (as compared to the lower ROI of a typical manufacturing company).During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?Juroe Company provided the following income statement for last year: Juroes balance sheet as of December 31 last year showed total liabilities of 10,250,000, total equity of 6,150,000, and total assets of 16,400,000. Required: 1. Calculate the return on sales. (Note: Round the percent to two decimal places.) 2. CONCEPTUAL CONNECTION Briefly explain the meaning of the return on sales ratio, and comment on whether Juroes return on sales ratio appears appropriate.
- Davis Corporation reported the following financial data for one of its divisions for the year; average assets of $540,000; sales of $1,069,200; and income of $241,100. The investment turnover is: Multiple Choice 22.3. 50.5. 1.98. 447.6. 11.3.Louisville Inc. reported the following financial data for one of its divisions for the year; average invested assets of $560,000; sales of $1,020,000; and income of $123,420. The investment center profit margin is: Multiple Choice 182.1%. 22.0%. 12.1%. 54.9%. 453.7%.Accounting Davis Corporation reported the following financial data for one of its divisions for the year; average assets of $540,000; sales of $1,140,000; and income of $133,000. The investment turnover is:
- Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,180,000; sales of $4,605,000; cost of goods sold of $2,630,000; and operating expenses of $1,452,000. Compute the division's return on investment: Multiple Choice 26.48%. 11.36%. 19.89%. 12.51%. 8.21%.The following data has been extracted from the year-end reports of two companies, Company X and Company Y: Company X Company Y Sales $2,700,000 Operating Income $ 256,000 Average Operating Assets $1,725,000 Margin 8.0% Turnover 2.0 Return on Investment 16% Required: Fill in the missing data for the above table. Show all calculations.Bottlebrush Company has operating income of $77,805, invested assets of $117,000, and sales of $409,500. Use the DuPont formula to compute the return on investment, and show (a) the profit margin, (b) the investment turnover, and (c) the return on investment Round answers to one decimal place. a. Profit margin b. Investment turnover c. Return on investment % %
- Cash Company has income from operations of $51,520, invested assets of $230,000, and sales of $644,000. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin b. Investment turnover c. Return on investmentBriggs Company has operating income of $45,760, invested assets of $143,000, and sales of $457,600. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover c. Return on investment %Franklin Corporation's balance sheet indicates that the company has $570,000 invested in operating assets. During Year 2, Franklin earned operating income of $64,980 on $1,140,000 of sales. Required a. Compute Franklin's profit margin for Year 2. b. Compute Franklin's turnover for Year 2. c. Compute Franklin's return on investment for Year 2. d. Recompute Franklin's ROI under each of the following independent assumptions: (1) Sales increase from $1,140,000 to $1,368,000, thereby resulting in an increase in operating income from $64,980 to $82,080. (2) Sales remain constant, but Franklin reduces expenses, resulting in an increase in operating income from $64.980 to $67,260. (3) Franklin is able to reduce its invested capital from $570,000 to $456,000 without affecting operating income. Complete this question by entering your answers in the tabs below. Req A to C Req D Compute Franklin's profit margin, turnover and return on investment for Year 2. Note: Round "Profit margin" and "Return…