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? Margin c. Turnover d. Return on investment (ROI) 2. In order to best encourage their individual performance development, what should yo The following data are for the latest year of operations: Sales $30,000,000 Net operating income $1,170,000 Average operating assets $8,000,000 The company's minimum required rate of return 18% Required: Deano Products is a division of a major corporation. The company's minimum required rate of return is 18%. Last year the division had total sales of $20,070,000, net operating income of $1,063,710, and average operating assets of $4,415,400. Start your trial now! If these calculators are upgraded at a total cost of $100,000, they can be sold for a total of $160,000. Data for the segment and for the company for March appear below: In addition, common fixed expenses totaled $210,000 and, Hardigree Corporation makes a product that has the following direct labor standards: Standard direct labor-hours0.3hours per unitStandard direct labor rate$23.00per hour In May the company's budgeted, Casivant Corporation makes a product that uses a material with the following direct material standards: Standard quantity3.8pounds per unitStandard price$4.00per pound The company produced, Majer Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials6.4ounces$3.00per ounce$19.20Direct, Waterfall, Ltd. manufactures custom basketball jerseys for professional basketball teams. Total sales $11650000 20% B. If expenses could be reduced by 3,450,000 without decreasing sales, what would be the impact on the profit margin, investment turnover, and return on investment for the Consumer Products Division? Calculate EVA for each division and for Xenold, Inc. 4. At the end of the year, Elway had 23,700,000 in operating assets. A A. = Contribution Margin / Sales A manager would generally like to see a trend indicating a decrease in setup time. Determine the profit margin, investment turnover, and return on investment for the Norse Division for 20Y420Y6. 5% c. 8.89% d. 11.25%, Esh Wares is a division of a major corporation. Determine the return on investment for the Specialty Products Division for the past year. Data concerning the most recent year appears below: Sales $17,950,000 Net operating income $1,005,200 Average operating assets $4,890,000 The division's margin is closest to: A. The following data are for the most recent year of operations: Sales $ 37,080,000 Net operating income $ 3,108,960 Average operating assets $ 8,600,000 The company's minimum required rate of return 16 % The division's residual income is closest to: 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. The divisions have the following revenues and expenses for June 2022: Cassette Vinyl CD Revenues $82,000, The TARDIS Corporation produces and sells a single product--Sonic Screwdrivers. Last year the division had total sales of $18,690,000, net operating income of $934,500, and average operating assets of $5,233,200. The following data pertain to Turk Company's operations last year: Sales $900,000 Net operating income 36,000 Contribution margin $150,000 Average operating assets $180,000 Stockholders equity $100, If net operating income is $43,000, average operating assets are $215,000, and the minimum required rate of return is 12%, what is the residual income? The beet juice can be sold as is for $51 or processed further for $33 to make the end product refined sugar that is sold for $77. The division's minimum required rate of return is 10%. Last year the division had total sales of $24,040,500, net operating income of $3,726,278, and average operating assets of $7,755,000. Calculate Xenolds weighted average cost of capital. . Dacker Products is a division of a major corporation. The following data are for the latest year of operations: Sales $14,720,000 Net operating income $1,000,960 Average operating assets $4,000,000 The, Eacher Wares is a division of a major corporation. Will this improve the divisions financial situation? b. Assume a tax rate of 34 percent. A: 1) Given Return on Investment =20% The following data are for the most recent year of operations: Vandenheuvel Corporation keeps careful track of the time required to fill orders. The company would need to invest $168,000 in equipment that will have zero salvage value at the end of the project. A) Set clear expectations for each team member, with SMART goals. Compute: - The divis, Cabell Products is a division of a major corporation. 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. Agustin Industries is a division of a major corporation. Ravena Labs., Inc. makes a single product which has the following standards: Direct materials: 2.5 ounces at $20 per ounce Direct labor: 1.4 hours at $12.50 per hour Variable manufacturing overhead: Ferrar Corporation has two major business segments-Consumer and Commercial. In order to best encourage their individual performance development, what should yo The return on investment is, A: ROI means return on investment which means how much returns or net income is getting generated on, A: Note: Some fixed cost are not allocable to the segment that type of cost are called Common fixed, A: RESIDUAL INCOME IS TYPICALLY USED TO ASSESS THE PERFORMANCE OF CAPITAL INVESTMENT , TEAM ,, A: Solution:- The company's tax rate is 30%. Last year the division had total sales of $16,260,000, net operating income of $1,040,640, and average operating assets of $3,902,400. -Sales 50,000,000 -Operating Income 3,200,000 -Average Operating Assets 10,000,000 The com, The Casket Division of Saal Corporation had average operating assets of $1,110,000 and a net operating income of $295,200 in January. (Round to four significant digits.) 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% Nakama Corporation is considering investing in a project that would have a 4 year expected useful life. 4. The firm uses two departments to manufacture these jerseys: the Cutting Department and the Sewing. Last year the division had total sales of $12,310,000, net operating income of $720,000, and average operating assets of $4,000,000. The division's, Gilde Industries is a division of a major corporation. an; a Residual income The Commercial Division of Galena Company has operating income of 12,680,000 and assets of 74,500,000. assets $ 8,600,000 The company's minimum required rate of return 16 . The income tax expense in year 2: The management of Leitheiser Corporation is considering a project that would require an initial investment of $57,000. an; an Investment Turnover = Sales / Invested Assets ), Schlarbaum Corporation's management keeps track of the time it takes to process orders. Dacker Products is a division of a major corporation. Net operating income $1141700 2. What is, ABC Products is a division of a major corporation. Dacker Products is a division of a major corporation. True or False, In target costing, the cost of a product is the starting point and the selling price follows from the cost. Aide Industries is a division of a major corporation. % The division's residual income is closest to: Experts are tested by Chegg as specialists in their subject area. Last year the division had total sales of $20,160,000, net operating income of $1,592,640, and average operating assets of $8,000,000. (Note: Round the answer for margin ratio to two decimal places.) Working capital in the amount of $10,000 would be required. What is the Company's asset turnover? Round percentages to one decimal place and the investment turnover to two decimal places. Assume that direct labor is an avoidable cost in this decision. Return on Investment = Net income / Average invested asset Required: Compute the (1) operating income, (2) margin and turnover ratios, and (3) ROI. ABC Products is a division of a major corporation. The following formula used to calculate as follows:- Unit product cost $ 21 Sales $3,500,000 Net operating income $280,000 Average operating assets $1,500,000 Minimum required rate of return 16% A. Required: 1. A: DuPont system: All rights reserved. a. an; an Minimum required return =, A: RESIDUAL INCOME : $9, Ceder Products is a division of a major corporation. The firm uses two departments to manufacture, CVP#1 - Goalie's Ball; Background information for Goalie's Ball, Inc. Goalie's Ball, Inc. manufactures soccer balls. entertainment, news presenter | 4.8K views, 28 likes, 13 loves, 80 comments, 2 shares, Facebook Watch Videos from GBN Grenada Broadcasting Network: GBN News 28th April 2023 Anchor: Kenroy Baptiste. 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. True or False, Sunk costs are never relevant in decision making. The Portland Division's operating data for the year 2015 is as follows: Return on investment - 12% Minimum required rate of return - 10% Average net operating assets - $500,000 Sales - $1,600,000 Compute the margin of 2015. $67,500 b. 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. | Sales | $900,000 | Net operating income | $36,000 | Stockholders' equity | $100,000 | Average operating assets | $180,000 | Minimum required rate of return | 15% Company A's return on investment (ROI, The following selected data pertain to the belt division of Allen Corp. for last year: Sales: $2,000,000 Average operating assets: $500,000 Net operating income: $300,000 Turnover: 4.0 Minimum required return: 18% How much is the residual income? These actions will increase sales revenues by 1 million. Income, A: Investment center profit margin = Income / Sales *100, A: The turnover is calculated as : 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 margin used to compute ROI is closest to: A) 21.9% B) 29.6% C) 7.7% D) 35.1% a; an The divi, Gilde Industries is a division of a major oorporation. 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. 90 Aide Industries is a division of a major corporation. 6. Katayama Company produces a variety of products. b) Net operating income less the minimum required return on average operating assets. The company's minimum required rate of return is 13%. The companys tax rate was 40%. Average investment = $416500 Last year, the division had total sales of $25,540,000, net operating income of $1,277,000, and average operating assets of $7,151,200. = NET OPERATING INCOME - (AVERAGE OPERATING ASSETS X MINIMUM REQUIRED RATE OF, A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for, A: Return on investment (ROI) is a performance statistic used to evaluate the efficiency or, A: ROI means Return on investment by the company which says that how much net income is earned on, A: Return on investment = Net operating income / Average operating assets, A: Return on investment represents the profit earned on an investment made. B) Ensure that team members understand the larger goals of the company Last year the division had total sales of $23,615,600, net operating income of $3,164,490, and average operating assets of $5,492,000. The following data are for the most recent year of operations: Sales$ 37,880,000Net operating income$ 3,508,960Average operating assets$ 9,400,000The company's minimum required rate of return14% The division's residual income is closest to: Justify your choice, 1.Explain where the market equilibrium occurs. Dacker Products is a division of a major corporation. c. What is the division's return on investment (ROI)? The minimum, A: Formula; c. Determine the estimated return on investment for the new product line. First week only $4.99! The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales Net operating income Average operating assets Stockholders' equity Residual income $760,000 $ 46,000 $260,000 $ 76,000 $ 16,000 For the past year, the margin used in ROI calculations was: Multiple Choice 6.05% O O 8.72% O 10.00% 8.16% C. Experts are tested by Chegg as specialists in their subject area. He pays$4,424 in state taxes annually based on a state tax rate of 4%. As a result, Xenold stock has an opportunity cost of 5 percent over the 4 percent long-term government bond rate. What is implied by space as a form of nonverbal communication? 2. The company's minimum required rate of return is 14%. $15,000 c. ($60,000) d. $60,0, Gaal Industries is a division of a major corporation. The Accounts Payable Department has expenses of $600,000 and makes 150,000 payments to the various vendors who provide products and services to the divisions. It analysis the organization's ability to increase its return on equity. What is the residual income of the new project? Sales = $490000 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. last year, the combined margin for the entire company will be closest to: Net operating income = $672,000 + $151,200 = $823,200, Sales = $16,800,000 + $2,520,000 = $19,320,000. You can specify conditions of storing and accessing cookies in your browser, Dacker Products is a division of a major corporation. Chapter 11 managerial accounting help Flashcards _ Quizlet.pdf, Waterfall, Ltd. manufactures custom basketball jerseys for professional basketball teams. One division makes neoprene wetsuits. The following data are for the latest year of operations. The residual income approach is the measurement of the net income that an investment, A: a. Return On Investment =NetOperatingIncomeAverageOperatingAssets A new project being considered would require an investment of $15,000 and would generate annual net operating income of $3,000. was not in equilibrium for a product or service. (Ignore income taxes.) Dacker Products is a division of a major corporation. 3. 3. True or False, In calculating the payback period where new equipment is replacing old equipment, any salvage value to be received on disposal of the old equipment should be deducted from the cost of the new equipment. The minimum required rate of return for performance evaluation purposes is 9%. =, A: Calculation of minimum acceptable return on assets: 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. The company requires a minimum pretax return of 9% on all investment projects. A high, A: Return on Investment in terms of Margin and Turnover: The following data are for the most recent year of operations: Sales$36,980,000 Net operating income$3,058,960 Average operating assets$8,500,000 The company's minimum required rate of return 14% The division's residual income is closest to: Multiple Choice. a) What is t. Division B had an ROI last year of 15%. Average operating assets 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 . To drive customers to your website, you need to create, Multiple Choice Question Last year the division had total sales of $23,878,800, net operating income of $3,056,486, and average operating assets of $8,844,000. The company's m, Cabal Products is a division of a major corporation. =$1,738,080$6,000,000=28.97%, A: Fixed cost is the cost that has been fixed at all levels of output. Dacker Products is a division of a major corporation. Xenold, Inc., has been in business for over 15 years and is considered a relatively stable stock, despite its link to the cyclical construction industry. = NET OPERATING INCOME - (AVERAGE OPERATING ASSETS X MINIMUM REQUIRED RATE OF, A: Given information Last year the division had total sales of $23,800,000, net operating income of $2,903,600, and average operating assets of $7,000,000.
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