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- Briggs Company has operating income of $36,000, invested assets of $180,000, and sales of $720,000. Use the DuPont formula to compute the return on investment. a. Profit margin %b. Investment turnover c. Return on investmentLast year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 24%. What was the company's net operating income for the year? $40,000 O $96,000 $20,000 O $46,000You have the following data for a company. What is the return on assets (ROA)? Return on equity = 15%; Earnings before taxes = $150,000; Total asset turnover = 1.8; Profit margin = 10.5%; Tax rate = 30%.
- A company reports the following for the past year. Sales Income Average assets $ 17,650,000 7,766,000 35,300,000 The company's CFO believes that income for next year will be $10,095,800. Average assets will be the same as the past year. 1. Compute return on investment for the past year. 2. If the CFO's forecast is correct, what will return on investment be for next year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 ces Compute return on investment for the past year. Numerator: Return on Investment I Denominator: Return on investment14. Briggs Company has operating income of $33,516, invested assets of $133,000, and sales of $478,800. 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 ____ %A company reports the following for the past year. Sales Income Average assets $ 11,680,000 5,256,000 29,200,000 The company's CFO believes that income for next year will be $6,832,800. Average assets will be the same as the past year. 1. Compute return on investment for the past year. 2. If the CFO's forecast is correct, what will return on investment be for next year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute return on investment for the past year. Numerator: Return on Investment / Denominator: = Return on investment =
- Profit Margin, Investment Turnover, and ROI Briggs Company has operating income of $108,955, invested assets of $283,000, and sales of $990,500. 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 %Last year a company had sales of $400,000, average operating assets of $166,667, and a return on investment of 18%. What was the company's net operating income for the year? Group of answer choices $30,000 $42,000 $25,500 $60,000 $72,000A company reports the following for the past year. Sales $ 11,680,000 Income 5,256,000 Average assets 29,200,000 The company's CFO believes that income for next year will be $6,832,800. Average assets will be the same as the past year. 1. Compute return on investment for the past year. 2. If the CFO's forecast is correct, what will return on investment be for next year?
- Profit Margin, Investment Turnover, and ROI Cash Company has income from operations of $43,578, invested assets of $269,000, and sales of $726,300. 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 %Bouvous Corporation had the following information for 2015:Revenue $400,000Operating expenses 350,000Total assets 530,000What is the return on investment?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 % %