Calculate the segment return on Assets for Segment X. A company had average total assets of$8,725,600 and net income of $210,450 andreports various segment information. Segment Xhad average total assets of $525,300 andsegment operating income of $105,720. SegmentY had average assets of $189,400 and segmentoperating income of $22,380.Calculate the segment return on assets forSegment X.

Concept of Segment Operating Income:Segment Operating Income is the profit earned by a specific…

Answered: A company had average total assets of…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 52CE: Asset Efficiency Ratios Selected financial statement numbers for Rutherford Company follow....

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A company had average total assets of $982,4250 and net income of $190,700 and reports various segment information.
Accounting
Topic: Operating Segments Requirement: (Show Solutions) Identify the reportable segments under the quantitative thresholds of PFRS 8
Calculate the segment return on assets of this financial accounting question
Based on revenu test which of the foregoing are reportable segments? A. A,B,C B. A,B,C,D c.A,B,C,D,E D. A,B
Briggs Company has operating income of $45,760, invested assets of $143,000, and sales of $457,600. 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 %
The following information pertains to Cachet Company. Assume that allBalance sheet amounts represent both average and ending balance figures.Assume that all sales were on credit.AssetsCash and short-term investments P 40,000Accounts receivable (net) 30,000Inventory 25,000Property, plant and equipment 215,000Total Assets P310, 000Liabilities and Stockholders’ EquityCurrent liabilities P 60,000Long-term liabilities 95,000Stockholders’ equity—common 55,000Total Liabilities and Stockholders’ Equity P310, 000Income StatementSales P 90,000Cost of goods sold 45,000Gross margin 45,000Operating expenses 20,000Net income P 25,000Number of shares of common stock 6,000Market price of common stock P20Dividends per share P1.00What is the price-earnings ratio for this company?A. 6 timesB. 4.2 timesC. 8 times D. 4.8 times Can you please give me a coherent solution for this?
ces Required: a. Firm D has net income of $91,936, sales of $1,436,500, and average total assets of $845,000. Calculate the firm's margin, turnover, and ROI. b. Firm E has fet income of $174,195, sales of $2,205,000, and ROI of 11.85%. Calculate the firm's turnover and average total assets. c. Firm F has ROI of 15.80%, average total assets of $1,880,000, and turnover of 0.8. Calculate the firm's sales, margin, and net income. Complete this question by entering your answers in the tabs below. Required A Required B Required C Firm E has net income of $174,195, sales of $2,205,000, and ROI of 11.85%. Calculate the firm's turnover and average total assets. Note: Do not round intermediate calculations. Round "Turnover" answer to 1 decimal place. Turnover Average total assets
What company is better in short-term and why
GIVE AN INTERPRETATION OF THESE RATIOS CONCLUSIVELY Acid test ratio = (total current asset – inventory – prepaid expenses) / total current liability Total asset turnover = 1.918 times Gearing ratio = 0.2243 or 22.43% Gross profit margin = 0.361 or 36.1% Net profit margin = 0.1143 or 11.43% Return on capital employed = 0.2664 or 26.64% Current ratio = 2.1753 times Acid test ratio = 1.0413 times Receivables days = (Trade Receivables/Net Sales) * 365 = (74480/768400) *365 = 36 days Payables days = (Trade Payables/ Net Purchases) * 365 = (72000/460400) *365 = 58 days Inventory Days = (Inventory/ Cost of goods sold) * 365 = (84000/476400) * 365 = 65 days Gross Profit Margin (GPM) = 292000/808800*100= 36.10% Net Profit Margin (NPM) = 92480/808800 *100 = 11.43% Return on Capital Employed (ROCE) = 92480/327080*100 = 28.27% Current ratio = 162280/74600= 2.17 Acid test ratio = (162280- 84000)/74600= 1.049 Total asset turnover = Sales revenue / Total average asset…
Resolve and explain the result of the current ratio for XYZ Company and compare andexplain this result with the Industry average, where current liabilities = $581,000 andcurrent assets = $832,000. a. Resolve the current ratio for XYZ Company b.Explain the result of the current ratio for XYZ Company c.Compare and explain the result of the current ratio for XYZ Company with the Industryaverage.
Asset Efficiency Ratios Selected financial statement numbers for Rutherford Company follow. Required: 1. Using this information, calculate Rutherfords receivable turnover ratio (rounded to two decimal places.) 2. Using this information, calculate Rutherfords asset turnover ratio (rounded to two decimal places) and also convert the ratio into days (rounded to the nearest whole day).

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