Last year the division had total sales of 26,050,000, net operating income of 1,745,350, and average operating assets of 6,512,500. a) What is t. Division B had an ROI last year of 15%. Turnover = Sales It refers to the return that an investor would want to make from any capital, A: Operating income of division X = $ 162,200 % The division's residual income is closest to: Experts are tested by Chegg as specialists in their subject area. 2. Last year the division had total sales of $21,720,000, net operating income of $1,346,640, and average operating assets of $4,778,400. was not in equilibrium for a product or service. The president is concerned that the manager of the Specialty Products Division rejected the addition of the new product line, even though all estimates indicated that the product line would be profitable and would increase overall company income. Last Resort Industries Inc. is a privately held diversified company with five separate divisions organized as investment centers. The division's minimum required rate of return is 10%. 5.6% C. 21.8, The Consumer Products Division of Weiter Corporation had average operating assets of $570,000 and net operating income of $65,100 in March. 15% Determine the return on investment for the Specialty Products Division for the past year. EVA = NOPAT - WACC x Capital Invested. Last year the division had total sales of $10,600,000, net operating income of $1,070,600, and average operating assets of $4,000,000. A. The condensed income statement for the Consumer Products Division of Tri-State Industries Inc. is as follows (assuming no support department allocations): The manager of the Consumer Products Division is considering ways to increase the return on investment. Assume that direct labor is an avoidable cost in this decision. Forchen, Inc., provided the following information for two of its divisions for last year: Required: 1. 2. The following data are for the most recent year of operations: The division's margin used to compute ROI is closest to: Multiple Choice 34.4% 37.5% 25.0% 9.4% Expert Solution Want to see the full answer? The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $38,280,000 $ 3,708,960 $ 9,800,000 163 The division's margin used to compute ROI is closest to: Multiple Choice 0 37.8% 0 9.7% 0 . a. Required: 1. In order to best encourage their individual performance development, what should yo A: DuPont system: B) Ensure that team members understand the larger goals of the company Residual value is a excess, A: Residual income = Income from operations - (Assets * Minimum acceptable return on assets), A: Residual income is the income earned over and above income at minimum required rate of return level., A: Reportable Segment: Reporting financial and descriptive information regarding reportable segments is, A: CALCULATION FOR RESIDUAL INCOME : Dacker Products is a division of a major corporation. What is the return on investment for Division A? Minimum required return =, A: RESIDUAL INCOME : First week only $4.99! Dacker Products is a division of a major corporation. At the end of 9 years, the machine would have a salvage value of $20,500. Dacker Products is a division of a major corporation. These actions will increase sales revenues by 1 million. a. Last year the division had total sales of $21,300,000, net operating income of $575,100, and average operating assets of $5,000,000. Data concerning the most recent year appears below: Sales $17,830,000 Net operating income $838,010 Average operating assets $4,570,000 The divisi, Given the following Data: Division A Division B Division C Sales $6,500,000 $10,500,000 $9,600,000 Average operating assets $1,300,000 $5,250,000 $1,920,000 Net operating income $364,000 $1,008,000 $273,600 Minimum required rate of return 21.00% 19.20% 18, Aide Industries is a division of a major corporation. Margin c. Turnover d. Return on investment (ROI) 3. 3. Last year the division had total sales of $11,440,000, net operating income of $686,400, and average operating assets of $2,402,400. (Round your answers to four significant digits.) You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Direct labor 8 (Round to three significant digits.) No other cash outflows would be required. The company's minimum required rate of return Gabbe Industries is a division of a major corporation. Harry Parsons' annual salary is $112,600. c. What is the division's return on investment (ROI)? b.If expenses could be reduced by $240,000 without decreasing sales, what would be the impact on the profit margin, investment turnover, and return on investment for the International Division? The following data are for the most recent year of operations: Sales $11,520,000 Net operating income $322,560 Average operating assets $3,000,000 The company's minimum required rate of return 10% The di. The company uses the residual income to evaluate the performance of its divisions, with a minimum required rate of return, Brandon Inc. has provided the following data for last year's operations: Sales $100,000 Net Operating Income $6,000 Average Operating Assets $40,000 Stockholders' equity $25,000 The minimum requi, Brandon Inc. has provided the following data for last year's operations: Sales $100,000 Net operating income $6,000 Average operating assets $40,000 Stockholders equity $25,000 Minimum required a rat. 2. True or False, If investment funds are limited, the net present value of one project should not be compared directly to the net present value of another project unless the initial investments in these projects are equal. What is the Company's return on sales? The following data are for the most recent year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $37,580,000 $ 3,358,960 $ 9,100,000 14% The division's margin used to compute ROI is closest to: Multiple Choice 33.2% O 36.9% o 24.2% 8.9%. A: 1) Supler Corporation produces a part used in the manufacture of one of its products. Sales Net $50,000,000 Operating Income $3,200,00 Average Operating Assets $10,000,000 The company's minimum required rate of return 15%. Sales $38,000,000 Net Operating Income $2,800,000 Average Operating Assets $15,000,000 The company's minimum required rate of return 20% Requi, Chace Products is a division of a major corporation. (Note: Round answer to two decimal places.) a. Will this improve the divisions financial situation? Dacker Products is a division of a major corporation. Residual income can be defined as a remaining income left with the company after deducting the expenses made on the capital expenditures from the operating income. Compute the Division's Profit Margin The company's minimum required rate of return is 22%. Dacker Products is a division of a major corporation. 19.23 B. The following data are for the most recent year of operations: Vandenheuvel Corporation keeps careful track of the time required to fill orders. Return On Investment =NetOperatingIncomeAverageOperatingAssets b. The following data are for the most recent year of operations: Sales $ This problem has been solved! was not in equilibrium for a product or service. (Round to four significant digits.) A Cash Vs Debit Card The beet fiber can be sold as is for $30 or processed further for $29 to make the end product industrial fiber that is sold for $77. Residual income is the income earned, A: Residual income = Operating income - Minimum required return He pays$4,424 in state taxes annually based on a state tax rate of 4%. 4.40% b. Compute the ROI and the margin and turnover ratios for each year for the Houseware Division. a. The company's minimum required rate of return is 14%. What is the sales margin? The following formula used to calculate as follows:- Last year the division had total sales of $23,100,000, income of and average operating assets of $5,500,000. Agustin Industries is a division of a major corporation. The company's m, Cabal Products is a division of a major corporation. Margin, Turnover, Return on Investment Pelak Company had sales of 25,000,000, expenses of 17,500,000, and average operating assets of 10,000,000. Whereas, variable cost is the, A: Ratio analysis is a method of measuring the financial position of the organization with different, A: As posted multiple sub parts we are answering only first three sub parts kindly repost the. 2. Sugar beets are processed in batches. The following data are for the most recent year of operations: Sales $ 36,480,000 Net operating income $ 2,808,960 Average operating assets $ 8,000,000 The company's minimum required rate of return 16 % The division's residual income is closest to: Multiple Choice a. / Assume a tax rate of 34 percent. Prepare a new income statement to support your answer. The following data are for the latest year of operations: Sales $5,820,000, Net operating income $436,500, Average operating assets $2,000,000. Residual income The Commercial Division of Galena Company has operating income of 12,680,000 and assets of 74,500,000. The new machine would replace some old equipment that would be sold for scrap now, yielding $21,300. Last year the division had total sales of $21,720,000, net operating income of $1,346,640, and average operating assets of $4,778,400. Xenolds total capital employed is 5.04 million (2,600,000 for the Home Division, 1,700,000 for the Restaurant Division, and the remainder for the Specialty Division). A variable interval schedule is one in which a response is reinforced only after an/a, b. unpredictable number of responses are made, c. specified number of responses are made. 4.Explain why the market was out of equilibrium (what caused it to be out of equilibrium) and what needed to be done to bring the market back to equilibrium. Sales Xenold, Inc., has two sources of financing: bonds paying 5 percent interest, which account for 25 percent of total investment, and equity accounting for the remaining 75 percent of total investment. Total assets were $470 million, current liabilities were $104,000,000, and $72,000,000 of the current liabilities are noninterest bearing. Required: 1. an; a 2. The company's, Cabal Products is a division of a major corporation. = $136,950 / $415,000 The simple rate of return on the investment is closest to (Ignore income taxes. Compute the contribution margin per unit, and calculate the break-even point in units. The formula for Residual income The company's minimum required rate of return is 13%. C, The following information is available on Company A. Prepare a segmented income statement for Xenold, Inc., for last year. Required: 1. u do first? The company's minimum r, Brandon, Inc. has provided the following data for last year's operations: Sales: $100,000 Net operating income: $6,000 Average operating assets: $40,000 Stockholders' equity: $25,000 Minimum required rate of return: 10% Brandon's residual income is: a. CONCEPTUAL CONNECTION Comment on why the ROI for Elway Company is relatively high (as compared to the lower ROI of a typical manufacturing company). A: a. If these calculators are upgraded at a total cost of $100,000, they can be sold for a total of $160,000. Administrative expenses, A: Given that , Assume that Tolar decides to upgrade the calculators. Residual, A: Note: Some fixed cost are not allocable to the segment that type of cost are called Common fixed, A: Formula for EVA The working capital would be released for use elsewhere at the end of the project. Included in the income was interest expense of $2,800,000. Comment on the performance of each of the divisions. =. Last year the division had total sales of $24,240,000, net operating income of $2,278,560, and average operating assets of $6,302,400. Last year, the division had total sales of $21,520,000, net operating income of $538,000, and average operating of $8,000,000. What is, Gilde Industries is a division of a major corporation. Following is thecalculation Division Margin used to compute ROI closest to for Dacken as follows- Margin = Net Opreat, Dacker Products is a division of a major corporation. The following data are for the latest year of operations: Sales 5,820,000 dollars, Net operating income 436,500 dollars, Average operating assets 2, The Consumer Products Division of Mickolick Corporation had average operating assets of $490,000 and net operating income of $41,000 in August. The following data are for the latest year of operations: Sales $14,720,000 Net operating income $1,000,960 Average operating asset $4,000,000 The c, Beak Industries is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 36,480,000 Net operating income $ 2,808,960 Average operating assets $ 8,000,000 The company's minimum required rate of return 16 % The division's residual income is closest to: Multiple Choice, Which of the following do you prefer for business/ economic transactions. Dacker Products is a division of a major corporation. Required: 1. The times recorded for a particular order appear below: Sunk costs are costs that have proven to be unproductive. =, A: (1) Dacker Products is a division of a major corporation. A profit center is responsible for generating revenue, but it is not responsible for controlling costs. The company's minimum required rate of return is 12%. 6. It is a profitability ratio calculated by the firm dividing operating income, A: Contribution margin = Total sales - Variable costs Total sales $11650000 Average operating assets Dacker Products is a division of a major corporation. Get access to this video and our entire Q&A library, What Is Residual Income? Last year the division had total sales of $8,790,000, a net operating income of $428,400, and average operating assets of $3,000,000. Each division is evaluated as a profit center. The following data are for the most recent year of operations: $38,380,000 $ 3,758,960 $ 9,900,000 Sales Net operating income Average operating assets The company's minimum required rate of return 15% The division's margin used to compute ROI is closest to: Multiple Choice 35.6% 38.0% 25.8% 9.8%, Managerial Accounting: The Cornerstone of Business Decision-Making. Income, A: Investment center profit margin = Income / Sales *100, A: The turnover is calculated as : The comp, Gilde Industries is a division of a major corporation. Cabell Products is a division of a major corporation. The following data are for the most recent year of operations: The company's minimum required rate of return. $119,300 in May. A) ($3,000), Eacher Wares is a division of a major corporation. Division A has operating income of $900,000 before service department charges and makes 60,000 payments to vendors. The company, Cabell Products is a division of a major corporation. In year 3 the company would have to incur one-time renovation expenses of $96,000. Calculate EVA for each division and for Xenold, Inc. 4. The following data are for the most recent year of operations: Sales$ 37,880,000Net operating income$ 3,508,960Average operating assets$ 9,400,000The company's minimum required rate of return14%. A. The divi, Gilde Industries is a division of a major oorporation. If operating i, Chece Products is a division of a major corporation. Dacker Products is a division of a major corporation. The companys tax rate was 40%. The company. Last year the division had total sales of $26,110,000, net operating income of $1,801,590, and average operating assets of $7,000,000. At what selling price per unit would the company be as well off as if it just sold the calculators in their present condition? Start your trial now! You are meeting with your new remote team for the first time. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided. The company's minimum required rate of return is 14%.
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