A firm operated at 90% of capacity for the past year, during which fixed costs were $420,000, variable costs were 40% of sales, and sales were $1,000,000. Operating profit was a) $420,000 b) $180,000 c) $980,000 d) $1,080,000
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- 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. What is the sales margin?Margin of safety Jorgensen Company has sales of 380,000,000, and the break-even point in sales dollars is 323,000,000. Determine Jorgensen Companys margin of safety as a percent of current sales.During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. What is the sales margin?
- A firm operated at 80% of capacity for the past year, during which fixed costs were $190,000, variable costs were 64% of sales, and sales were $986,000. Operating profit was ??A firm operated at 80% of capacity for the past year, during which fixed costs were $191,000, variable costs were 66% of sales, and sales were $908,000. Operating profit was Oa. $599,280 Ob. $94,176 Oc. $308,720 Od. $117,720A firm operated at 80% of capacity for the past year, during which fixed costs were $190,000, variable costs were 65% of sales, and sales were $976,000. Operating profit was a. $151,600 Ob. $634,400 OC. $121,280 d. $341,600 ?
- A firm operated at 80% of capacity for the past year, during which fixed costs were $203,000, variable costs were 62% of sales, and sales were $1,053,000. Operating income was a. $400,140 b. $197,140 c. $157,712 d. $652,860A firm operated at 90% capacity for the past year, during which fixed costs were $320,000, variable costs were 60% of sales, and sales were $1,000,000. Income from Operations was: a. $680,000. b. $80,000. c. $1,320,000. d. $200,000.Wildhorse Corp. reported the following: Beginning of year operating assets $3,220,000 End of year operating assets 3,020,000 Contribution margin 1,020,000 Sales 5,020,000 Controllable fixed costs 626,880 Its required return is 11%.Compute the company’s ROI.
- Westerville Company reported the following results from last year’s operations: Sales $ 1,800,000 Variable expenses 740,000 Contribution margin 1,060,000 Fixed expenses 700,000 Net operating income $ 360,000 Average operating assets $ 1,200,000 At the beginning of this year, the company has a $400,000 investment opportunity with the following cost and revenue characteristics: Sales $ 600,000 Contribution margin ratio 60 % of sales Fixed expenses $ 288,000 The company’s minimum required rate of return is 10%. 5. What is the turnover related to this year’s investment opportunity? (Round your answer to 1 decimal place.)Westerville Company reported the following results from last year’s operations: Sales $ 1,800,000 Variable expenses 740,000 Contribution margin 1,060,000 Fixed expenses 700,000 Net operating income $ 360,000 Average operating assets $ 1,200,000 At the beginning of this year, the company has a $400,000 investment opportunity with the following cost and revenue characteristics: Sales $ 600,000 Contribution margin ratio 60 % of sales Fixed expenses $ 288,000 The company’s minimum required rate of return is 10%. Required: 1. What is last year’s margin?Westerville Company reported the following results from last year’s operations: Sales $ 1,800,000 Variable expenses 740,000 Contribution margin 1,060,000 Fixed expenses 700,000 Net operating income $ 360,000 Average operating assets $ 1,200,000 At the beginning of this year, the company has a $400,000 investment opportunity with the following cost and revenue characteristics: Sales $ 600,000 Contribution margin ratio 60 % of sales Fixed expenses $ 288,000 The company’s minimum required rate of return is 10%. 2. What is last year’s turnover? (Round your answer to 1 decimal place.) 3. What is last year’s return on investment (ROI)? (Round your intermediate calculations to 1 decimal place.) 4. What is the margin related to this year’s investment opportunity? 5. What is the turnover related to this year’s investment opportunity? (Round your answer to 1 decimal place.)
