None !Required informationUse the following information for the Problems below:The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of returnon invested capital is 8 percent.Sales reverevenueIncomeAverage investmentSales marginCapital turnoverROIResidual income?Division ADivision BDivision C?$ 12,000,000?$ 510,000$ 2,140,000??$ 2,590,00030%?35%3???30%?$ 136,000??Required:The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on investedcapital is 8 percent.Note: Round "Capital turnover" answers to 2 decimal places.Division ADivision BDivision CSales revenue$40,700,000Income$ 1,840,000$8,140,000Average investment$10,175,000Sales margin20 %%25 %Capital turnoverROIResidual income1.00%%20 %$489,000

ROI means return on investment. It is the percentage return earned by the entity on the operating…

The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income Division A Division B Division C ? $ 12,000,000 ? $510,000 $ 2,140,000 ? ? $ 2,590,000 ? 30% ? 35% 3 ? ? ? ? 30% ? ? $ 136,000

The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income Division A Division B Division C ? $ 12,000,000 ? $510,000 $ 2,140,000 ? ? $ 2,590,000 ? 30% ? 35% 3 ? ? ? ? 30% ? ? $ 136,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...

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Required information Use the following information for the Problems below: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate o on invested capital is 8 percent. Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income Division A ? $ 440,000 ? 40% 2 ? ? Division A $ 8,150,000 $ 1,630,000 $ 8,150,000 20 % 1.00 $ 978,000 20% Required: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return capital is 8 percent. Note: Round "Capital turnover" answers to 2 decimal places. $ $ $ Division B $ 10,000,000 $ 2,160,000 $ 2,600,000 $ Division B 40,300,000 8,866,000 10,075,000 22 % 4.00 88 % ? ? ? 8,060,000 Division C ? $ ? ? 45% ? 40% $ 139,000 Division C 25 % 20 % 471,000
! Required information Use the following information for the Problems below: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income Division A ? $ 560,000 Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income Division A $ 8,750,000 $ 1,750,000 $ 8,750,000 20 % 1.00 20 % ? 30% 2 ? ? $ 1,050,000 Required: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Note: Round "Capital turnover" answers to 2 decimal places. Division B $ 11,000,000 $ 2,020,000 $ 2,610,000 $ $ $ Division B 41,000,000 9,020,000 10,250,000 22 % ? ? ? ? % Check my work $ Division C ? ? ? 35% ? 20% $ 129,000 Division C 25 % 20 % 492,000
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Use the following information for the Problems below: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Sales revenue Income Average investment Sales margin k Capital turnover ROI Residual income Division A ? Division B Division C $ 11,000,000 ? $ 550,000 $ 2,160,000 ? ? $ 2,610,000 ? 20% ? 25% 3 ? ? ? ? 20% ? ? $ 130,000 Required: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 8 percent. Note: Round "Capital turnover" answers to 2 decimal places. Division A Division B Division C Sales revenue Income S 40,700,000 $ 1,840,000 $ 8,140,000 Average investment $ 10,175,000 + Sales margin 20 % % 25 % Capital turnover ROI Residual income 1.00 % % 20 % $ 489,000
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