A company's two divisions report the information below. Electronics Sporting Goods $ 95,000 $ 55,000 7,980 6,050 38,000 27,500 Sales Income Average assets Enter answers in the tabs below. Required 1 Required 2 Required 3 Calculate profit margin for each division, Division Electronics Sporting Goods Numerator Profit margin 1 1 Denominator: W Profit margin

A company's two divisions report the information below. Electronics Sporting Goods $ 95,000 $ 55,000 7,980 6,050 38,000 27,500 Sales Income Average assets Enter answers in the tabs below. Required 1 Required 2 Required 3 Calculate profit margin for each division, Division Electronics Sporting Goods Numerator Profit margin 1 1 Denominator: W Profit margin

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A company's two divisions report the information below. Sales Income Average assets Electronics $ 81,000 5,670 40,500 Sporting Goods $ 40,000 4,100 25,000 Enter answers in the tabs below. Required 1 Required 2 Required 3 Calculate return on investment for each division. Division Electronics Sporting Goods Return on Investment Numerator Denominator: = Return on Investment
22. Nottage Company has four separate operating segments: East North West South Sales to Outsiders 188,000 126,000 65,000 43,000 Intersegment Transfer 16,000 6,000 13,000 8,000 What revenue amount must one customer generate before it must be identified as a major customer? a. $39,600 b.$42,200 c.$46,500 d.$49,200
Bett Inc. has the following 8 units A-H Description A B Assets 50 70 Revenue Profit Units 7 C 40 650 870 350 7.5 3.5 D 60 800 4 E 89 950 9 F 78 750 5 Which units are to be reported as per segmental reporting? Show all calculations with brief explanations to support your answer. G 52 990 3.2 H 46 590 2.8 TOTAL 485 5950 42
Comparative data on three companies in the same service industry are given below. Required: 2. Fill in the missing information. Note: Round the "Turnover" and "ROI" answers to 2 decimal places. Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) A $ 3,724,000 $ 670,320 $ 1,960,000 % $ $ Company B 2,368,000 402,560 13.60 % C $ 3,490,000 5% 2.40 %
Provide the missing information (A-H) in the table. Use the formulas learned in Chapter 10. (Round to two decimal places.)SHOW ALL CALCULATIONS. ROUND MARGIN, TURNOVER and ROI TO TWO (2) DECIMAL PLACES. Alpha Division Beta Division Delta Division Sales A $420,000 G Operating assets B D $1,000,000 Net operating income $800,000 $21,000 $250,000 Margin 0.16 E 0.10 Turnover C F 2.50 Return on investment (ROI) 20.00% 15.00% H
Exoplex Industries Inc.Divisional Income StatementsFor the Year Ended December 31, 20Y8 SemiconductorsDivision NavigationalSystemsDivision Total Sales: 2,240 units @ $396 per unit $887,040 $887,040 3,675 units @ $590 per unit $2,168,250 2,168,250 $887,040 $2,168,250 $3,055,290 Expenses: Variable: 2,240 units @ $232 per unit $519,680 $519,680 3,675 units @ $472* per unit $1,734,600 1,734,600 Fixed 220,000 325,000 545,000 Total expenses $739,680 $2,059,600 $2,799,280 Income from operations $147,360 $108,650 $256,010 *$432 of the $472 per unit represents materials costs, and the remaining $40 per unit represents other variable conversion expenses incurred within the Navigational Systems Division. The Semiconductors Division is presently producing 2,240 units out of a total capacity of 2,820 units. Materials used in producing the Navigational Systems…
1. Using the data below for Ace Guitar Company: Region A Region B Sales $571,500 $698,500 Cost of goods sold 217,200 265,400 Selling expenses 137,200 167,600 Service department expenses Purchasing $213,400 Payroll accounting 142,200 Allocate service department expenses proportionally to the sales of each region, determine the divisional income from operations for the Regions A and B. For interim calculations, round the percentages to one decimal place. Region A $ Region B $
Nottage Company has four separate operating segments: East West North South Sales to outsiders $188000 $126000 $65000 $43000 Inter segment transfers 16000 6000 13000 8000 What revenue amount must one customer generate before it must be identified as a major customer? Choose the correct.a. $39,600b. $42,200c. $46,500d. $49,200
Comparative data on three companies in the same service industry are given below: Required: 2. Fill in the missing information. (Round the "Turnover" and "ROI" answers to 2 decimal places.) Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) Company A $ 3,420,000 $ 581,400 $ 1,900,000 % % Company B $ 1,335,000 $ 253,650 % 9.50 % Company C $ 3,050,000 3 % 1.70 %
Provide the missing data in the following tabulation: Division Alpha Bravo Charlie Revenue 11500000 Operating profit 920000 210000 Average operating assets 800000 Margin 4,00% 7,00% Turnover 5 Return on investment (ROI) 20% 14%
Required information [The following information applies to the questions displayed below.] Suresh Company reports the following segment (department) income results for the year. Sales Department M $ 68,000 Department N $ 38,000 Department 0 $ 65,000 Department P $ 47,000 Department T $ 33,000 Total $ 251,000 Expenses Avoidable 12,300 Unavoidable Total expenses Income (loss) 53,800 66,100 39,400 15,600 55,000 23,900 4,700 28,600 16,500 36,400 42,300 13,300 134,400 123,800 52,900 55,600 258,200 $ 1,900 $ (17,000) $ 36,400 $ (5,900) $ (22,600) $ (7,200) b. Compute the total increase in income if the departments with sales less than avoidable costs, as identified in part a, are eliminated. Total increase in income $ 3,700
Calculator Data for Divisions A, B, C, D, and E are as follows: a. Determine the missing items. Round rate of return on investment, profit margin, and investment turnover answers to one decimal place when required. Div. Sales Income from Operations Inv. Assets Rate of Return on Inv. Profit Margin Invest. Turnover A $ $35,000 $200,000 % % 1.6 B $455,000 $ $284,375 16% % C $525,000 $73,500 $ % % 1.2 D $800,000 $ $ % 13.0% 2.5 E $ $ $250,000 % 16.0% 2.0 b. Which division is most profitable in terms of income from operations? c. Which division is most profitable in terms of rate of return on investment?