Answered: Bouvous Corporation had the following…

Bouvous Corporation had the following information for 2015: Revenue $400,000 Operating expenses 350,000 Total assets 530,000 What is the return on investment?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: ales P 10,000,000 Average invested capital…

A: Solution: Return on investment is a ratio that represent the profitability of a division based on…

Q: INCOME STATEMENT XYZ Industries is forecasting the following income statement: Sales P8,000,000…

A: Net income = 2,500,000 Tax rate = 40% Operating cost = 55% of sales Depreciation and amortization…

Q: Instructions 1. Compute the margin and tumover ratios for each year 2. Compute the ROI for each year…

A: Operating Asset or Fixed Asset Turnover Ratio represent the sales with respect to Average Operating…

Q: Buford Corporation provided the information below. Sales $500,000 Net operating income $54,000…

A: Assets- A corporation has a lot of resources, both financial and non-financial. However, an asset is…

Q: The following selected data pertain to Badang Company's Jaja Division for 2021: Sales Variable costs…

A: Return on Investment is a measurement of net income related to the investment. Higher the ROI, the…

Q: The following selected data for BC Company for 2022: Sales P 2,000,000 Variable Costs 1,200,000…

A: Formulas: Residual income = Net Operating income - Average Invested Capital x Required rate of…

Q: Shalom Company provided you the following data: Average operating assets 120,000 Margin on sales…

A: Formula : Residual Income = Net operating income - (Average operating assets x Minimum required rate…

Q: Please solve this question

A: Hello student! Return on Investment (ROI) is a measure of profitability that focuses total assets.…

Q: Your Company's residual income was $8,500. Net income was $170,000 and average operating assets…

A: Residual income = Net Operating income - Minimum return required of return where, Minimum return…

Q: Need answer

A: Step 1: Introduction to the Return on AssetReturn on asset is a profitability ratio that is…

Q: Blaser Corporation had $1,092,000 in invested assets, sales of $1,214,000, income from operations…

A: Return on investment = Income from operation / Average investment where, Average investment =…

Q: For the year ended December 31, 2019, Settles Inc. earned an ROI of 9.6%. Sales for the year were…

Q: I want the correct answer

A: Step 1: Now the total assets in 2016=total current assets in 2016+Property, Plants and…

Q: The following are selected data for the division for the consumer products of ABC Corp for 2020:…

A: The answer for the multiple choice question and the calculation of return on investment for the…

Q: need answer of this both questin

A: Thank you,Please rate my response.

Q: 請 RequIred Informatlon (The following information applies to the questions displayed below.]…

A: Solution: Target income of last year = average operating assets * minimum required rate of return =…

Q: Provide correct calculation

A: Given:Annual Sales: $1,910,000Profit Margin: 4%Total Assets (Investment): $740,000 Calculate Net…

Q: Need Help with this Question

A: Step 1: 1. To determine the company's total contribution margin, we can use the provided…

Q: Give true answer

A: To calculate the return on assets (ROA) for 2016, you can use the formula:ROA=Average Total…

Q: The following information is available on Company A: Sales Operating Income $900,000 $36,000…

A: Fixed Assets Turnover is one of efficiency ratio being used in business. This shows how many times…

Q: Lewis Company has operating income of $265,000. Its return on investment (ROI) is 53%, while its…

A: Total assets are the total worth of resources owned by the business.

Q: 8. The following information is available for the Hancock Company. Sales Cost of Sales Operating…

A: Workings:- Particulars Amount Amount Sales $ 7,56,000 Less: COGS $ 3,15,000…

Q: Operating Profit?

A: Operating profits are profits that are earned by the company from its major business activities…

Q: The Hydride Division of Murdoch Corporation is an investment center. It has $1,000,000 of operating…

A: Turnover means the amount of sale or revenue generated by selling goods or services. Residual income…

Q: Alexander Inc. makes basketballs. The results for the year were as follows: Basketballs…

A: Assets turnover ratio: Assets turnover ratio measures the efficiency of a company's assets to…

Q: How do I calculate times interest earned for from this? (in millions) 2016 2015 Revenue…

A: First, lets understand what is The times interest ratio. This ratio aims to determine how much…

Q: The residual income amounted to?

A: Income is the amount remaining with the company from the Revenue after taking into consideration the…

Q: Aneko Company reports the following: net sales of $14,800 for Year 2 and $13,990 for Year 1;…

A: The ratio refers to the relationship that exists between two variables. In accounting, the ratio is…

Q: Josh Cablesource has sales for 2016 of $1,566,777. Information regarding resources for the year are…

A: Income statement is one of the financial statement which shows all incomes and all expenses of the…

Q: Anyone solve this one ?

A: divide the net income($117,000)by the average total assets for 2015-2016($788,000 +$810,000)/ 2 =…

Q: The following are selected data for the division for the consumer products of ABC Corp for 2020:…

A: Return on Sales = Net Income/ Sales

Q: Simple ROI and Residual Income Calculations: Consider the following data: Division Y P2,000,000…

A: Since you have asked two different questions under a single question. Kindly resubmit the question…

Q: Given the following data: Average operating assets $ 1,116,000 Total liabilities $ 167,400…

Q: The following are available for divison X and Y Profit before interest and tax X 185 000 Y172…

A: The objective of the question is to evaluate the performance of two divisions, X and Y, based on two…

Q: Determine a firm's total asset turnover if its net profit margin is 15%, and ROA is 15%

A: Net Profit Margin = 15% = 0.15Return on Assets = 15% = 0.15

Q: controllable margin

A: Controllable margin = Contribution margin - Controllable fixed costs

Q: Required information [The following information applies to the questions displayed below.]…

A: The most important profit statistic in real estate is net operating income (NOI). It aims to…

Q: Saved Dade Corp. has residual income of $16,600. If operating income equals $37,000 and the minimum…

A: Solution: Minimum Target income = Operating income - residual income = 37000 - 16600 = 20,400

Q: What would the journal entry be for the payment of wages to employees? A. Dr Bank; Cr Employees…

A: Journal entry: It is the duty of the accountant to record business economic and non economic…

Question

Bouvous Corporation had the following information for 2015:
Revenue $400,000
Operating expenses 350,000
Total assets 530,000
What is the return on investment?

Formula Formula ROI (%) = Net Income Principal Amount × 100

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

For 160 customers would 18,687.5 owed per customer be considered a high amount owed per person? Also, the company financials are AR balance equals 2,990,000 and that represents 6% of total assets (49,833,333.33). what would also be the performance materality for the question above?
LaLa Company has income from operations of $23,280, invested assets of $97,000, and sales of $388,000. What is the return on investment (ROI) for this company? Group of answer choices 24% 25% 100% none of these
Selected financial data for Woody Company's Furniture Division is as follows: Sales Operating income Total assets Current liabilities Target rate of return Weighted average cost of capital $2,100,000 $420,000 $1,050,000 $200,000 12% 10% What is Woody Company's Furniture Division return on investment? A) 9.52% B) 40.00% C) 20.00% D) 2000.00%
Help with the question in the picture below
Provide correct solution
The following are selected data for the division for the consumer products of ABC Corp for 2020: Sales P 10,000,000 Average invested capital 4,000,000 Net Income 400,000 Cost of Capital 8% What is the asset turn-over ratio for the division? 1. .25 times 2. 2.5 times 3. 8 times 4. 10% O 1 O 2 O 3 O 4
Required information [The following information applies to the questions displayed below.] The following information relates to a company's operations for last year. $ 1,300,000 Sales Variable expenses Contribution margin 440,000 860,000 600,000 Fixed expenses Net operating income 260,000 Average operating assets 812,500 The company's minimum required rate of return is 15%. 1. Calculate last year's return on investment (ROI). ROI
Suppose a company has research costs of $115,000 and development costs of $285,000 for the year. Under U.S. GAAP, what amount would be reported as an expense in the current year's Income statement? Multiple Choice $400,000 $115,000 $285,000 $200,000
Want Solution
The following are selected data for the division for the consumer products of ABC Corp for 2020: Sales P 10,000,000 Average invested capital 4,000,000 Net Income 400,000 Cost of Capital 8% What is the return on sales for the division? 1. 4% 2. 8% 3. 10% 4. 20% O 1 O 2 O 3 O 4
29.
Required information [The following information applies to the questions displayed below] Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets ROI At the beginning of this year, the company has a $300,000 investment opportunity with the following cost and revenue characteristics: Sales $ 1,800,000 435,000 1,365,000 1,005,000 $360,000 $ 1,200,000 $360,000 $ 216,000 The company's minimum required rate of return is 10% Contribution margin ratio Fixed expenses 70 of sales. 6. What is the ROI related to this year's investment opportunity?