Aide Industries is a division of a major corporation. Dataconcerning the most recent year appears below:SalesNet operating income$18,310,000$920,000Average operating assets $6,300,000The division's margin-is closest to:

Concept of SalesSales refer to the total revenue generated by a company from selling its goods or…

Answered: Aide Industries is a division of a…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 37P

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Far Sight is a division of a major corporation. The following data are for the latest year of operations: Required: a. What is the division's return on investment (ROI)?b. What is the division's residual income? Sales 24,480,000 Net operating income 1.738.000 average operating assets 6,000 rate of return 16%
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Dacker Products is a division of a major corporation. 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:
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Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales Net operating income Average operating assets The division's margin is closest to: Multiple Choice O O 3.5% 19.7% 16.2% 15.0% $ 18,210,000 $ 637,350 $ 4,250,000
Consider the following data for three divisions of a company, X, Y, and Z: Divisional: X Y Z Sales $ 1,416,000 $ 831,000 $ 5,294,000 Operating Income 197,400 102,700 275,600 Investment in assets 380,600 498,600 3,618,400 The return on sales (ROS) for Division X is: (Round your percentages to one decimal place.)
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What is the division's margin on these general accounting question?
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Nantor Corporation has two divisions, Southern and Northern. The following information was taken from last year's income statement segmented by division: Total Company Southern Northern Sales $ 5,400,000 $ 3,340,000 $ 2,060,000 Contribution margin $ 2,350,000 $ 1,470,000 $ 880,000 Divisional segment margin $ 1,270,000 $ 980,000 $ 290,000 Net operating income last year for Nantor Corporation was $540,000. In last year's income statement segmented by division, what were Nantor's total common fixed expenses? Multiple Choice $730,000 $1,810,000 $1,080,000 $2,000,000

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