The following data has been provided for a company's most recent year of operations: Return on investment 22% Average operating assets Minimum required rate of return $40,000 16% The residual income for the year was closest to:
Q: The following selected data pertain to the belt division of Allen Corp. for last year: * Sales…
A: Ratio analysis is a method of measuring the financial position of the organization with different…
Q: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: 11. What is last year’s residual income? 12. What is the residual income of this year’s…
A: Residual Income :— Residual Income is income that one continues to receive after the completion of…
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Q: Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 36%. The…
A: Turnover ratio = Total Sales / Capital employed Hence Capital employed = Total Sales / Turnover…
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A: Return on investment = Net income / Average operating assets where, Average operating assets =…
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A: Since the student has posted multiple questions, only the first two are answerable. Thank You.
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A: >Return on Investment or ROI is the rate of return earned on given average invested assets.…
Q: Last year a company had sales of $400,000, a turnover of 2.4, and a return on investment of 24%.…
A: Operating income: Operating income refers to the income earned from the day-to-day operations. It is…
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Q: The following information relates to the Quilt Division of TDS Corporation for last year: Sales…
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Q: Accounting Assume a company reported the following results: Sales $ 400,000 Variable expenses…
A: Lets understand the meaning of residual income. Residual income is an income earned over minimum…
Q: East Mullett Manufacturing earned operating income last year as shown in the following income…
A: Average operating assets = (beginning operating assets + ending operating assets ) / 2 Residual…
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A: Investment is the amount of money invested in some kind of securities like bonds, shares or in…
Q: The Holmes Division recorded operating data as follows for the past year: Sales Operating Income…
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Q: East Mullett Manufacturing earned operating income last year as shown in the following income…
A: Average Operating Assets = (Beginning Operating Assets + Ending Operating Assets)/2 Margin = Net…
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A: Given:
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Q: The following data pertain to Dakota Division's most recent year of operations. Income $ 16,000,000…
A: Income = $16,000,000 Average invested capital = $185,000,000 Return on invested capital = 14%
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Q: Coolbrook Company has the following information available for the past year: River Division…
A: 1) River division Stream division Sales revenue 1209000 1810000 Cost and…
Q: X Solutions , a division of XYZ Corporation buys and installs aluminum windows. For the most recent…
A: Economic value added (EVA): Economic value added indicates the profitability of the projects that…
Q: The following selected data pertain to the belt division of Allen Corp. for last year: Sales =…
A: Given the following information: Sales = $500,000 Average operating Assets = $200,000 Operating…
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A: Introduction:- Computations of operating assets as follows:- Average operating assets = (Beginning…
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A: ROI is return earned on investments of the business. Return on Investment (ROI) = Operating Income/…
Q: The following selected data pertain to the belt division of Allen Corp. for last year: * Sales…
A: Given the following information: Sales: $2,000,000 Average operating assets: $500,000 Net operating…
Q: The following data has been provided for a company's most recent year of operations: Return on…
A: Residual Income - Residual income is derived after deducting operating income from the minimum rate…
Q: 6. What is the ROI related to this year’s investment opportunity? (Do not round intermediate…
A: Return of investment (ROI) stands for the Income, as a percentage of the Investment, that a Business…
Q: A company had the following results last year: sales, $700,000; return on investment, 28%; and…
A: Operating income = sales x margin % = $700,000 x 8% = $56,000
Q: Last year a company had sales of $410,000, a turnover of 2.1, and a return on investment of 29.4%.…
A:
Q: Westerville Company reported the following results from last year’s operations: Sales $…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: Last year a company had sales of $400,000, average operating assets of $166,667, and a return on…
A: Return on investment = net operating income for the year / average operating assets where, Average…
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- The following selected data pertain to the Argent Division for last year: Required: 1. How much is the residual income? 2. How much is the return on investment? (Rounded to four significant digits.)During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000. A. Based on this information, calculate asset turnover. B. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?The following data has been provided for a company’s most recent year of operations: Return on investment 40% Average operating assets $ 60,000 Minimum required rate of return 18% The residual income for the year was closest to: Multiple Choice $19,200 $13,200 $18,000 $23,000
- The Holmes Division recorded operating data as follows for the past year: Sales Operating Income Average Operating Assets Shareholders' Equity Residual Income $200,000 $ 25,000 $100,000 $ 80,000 $ 13,000 For the past year, what was the minimum required rate of return? A) B) C) D) 12%. 11%. 14%. 13%.A company reported the following for its most recent year of operations: Return on investment Average operating assets Minimum required rate of return 20% $170,000 15% Given this information, the residual income for the year was: 24Required: 1. Compute the company's average operating assets for last year. 2. Compute the company's margin, turnover, and return on investment (ROI) for last year. Note: Round "Margin", "Turnover" and "ROI" to 2 decimal places. 3. What was the company's residual income last year? 1. Average operating assets 2. Margin 2. Turnover 2. ROI 3. Residual income % %
- Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in Buisson, S.A. Land (undeveloped) Total assets Liabilities and Stockholders' Equity Accounts payable Long-term debt Stockholders' equity Total liabilities and stockholders' equity Joel de Paris, Incorporated Income Statement Sales Operating expenses Net operating income Interest and taxes: Interest expense Tax expense Net income $ 121,000 207,000 $4,416,000 3,665,280 750,720 328,000 $ 422,720 Beginning Balance $ 136,000 339,000 568,000 857,000 395,000 251,000 $ 2,546,000 Ending Balance $ 131,000 479,000 488,000 842,000 435,000 253,000 $ 2,628,000 $ 349,000 $ 374,000 983,000 1,189,000 983,000 1,296,000 $ 2,546,000 $ 2,628,000 The company paid dividends of $315,720 last year. The “Investment in Buisson, S.A.," on the balance sheet represents an investment in the stock of another company. The…Chabot Company had the following results last year: net operating income, $2,160; turnover, 5; and return on investment 18%. Chabot Company's average operating assets what?Required: 1. Compute the company's average operating assets for last year. 2. Compute the company’s margin, turnover, and return on investment (ROI) for last year. (Round "Margin", "Turnover" and "ROI" to 2 decimal places.) 3. What was the company’s residual income last year?
- Margin, Turnover, Return on Investment, Average OperatingAssetsElway Company provided the following income statement for the last year:Sales $1,040,000,000Less: Variable expenses 700,250,000Contribution margin $ 339,750,000Less: Fixed expenses 183,750,000Operating income $ 156,000,000At the beginning of last year, Elway had $28,300,000 in operating assets. At the end of the year,Elway had $23,700,000 in operating assets.Required:1. Compute average operating assets.2. Compute the margin and turnover ratios for last year. (Note: Round the answer formargin ratio to two decimal places.)3. Compute ROI. (Note: Round answer to two decimal places.)4. CONCEPTUAL CONNECTION Briefly explain the meaning of ROI.5. CONCEPTUAL CONNECTION Comment on why the ROI for Elway Company isrelatively high (as compared to the lower ROI of a typical manufacturing company).Data for Uberto Company are presented in the following table of rates of return on investment and residual incomes: Invested Assets Income from Operations Return on Investment Minimum Return Minimum Acceptable Income from Operations Residual Income $780,000 $187,200 (a) 13% (b) (c) $620,000 (d) (e) (f) $74,400 $24,800 $330,000 (g) 14% (h) $36,300 (i) $250,000 $50,000 (j) 12% (k) (l) Determine the missing values, identified by the letters above. For all amounts, round to the nearest whole number. a. fill in the blank % b. $ fill in the blank c. $ fill in the blank d. $ fill in the blank e. fill in the blank % f. fill in the blank % g. $ fill in the blank h. fill in the blank % i. $ fill in the blank j. fill in the blank % k. $ fill in the blank l. $ fill in the blankMargin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: Sales $879,510,000 Less: Variable expenses 558,460,000 Contribution margin $321,050,000 Less: Fixed expenses 198,790,000 Operating income $122,260,000 At the beginning of last year, Elway had $38,636,000 in operating assets. At the end of the year, Elway had $41,336,000 in operating assets. Required: 1. Compute average operating assets.$ 2. Compute the margin (as a percent) and turnover ratios for last year. If required, round your answers to two decimal places. Margin % Turnover 3. Compute ROI as a percent. Use the part 2 final answers in these calculations and round the final answer to two decimal places. % 4. ROI measures a company’s ability to generate relative to its investment in assets. The greater the ROI, the efficiently the company is generating from its assets. 5. CONCEPTUAL CONNECTION Comment on why the ROI…