BrightTech Inc. has two divisions: • • Division A: Sales Revenue = $30,000 Assets $12,000 Division B: = Sales Revenue = $18,000 о Assets $9,000 What is the capital turnover for each division?
Q: On November 1, 2015, Wrens Mirth sold merchandise with a cost of $5,000 for $10,000, FOB…
A: Explanation of Gross Sales:Gross sales represent the total unadjusted revenue a company earns from…
Q: General Accounting Question please answer
A: We are given:Total Debt = $2,000Debt-to-Equity Ratio = 0.4 1: Find EquityThe debt-to-equity ratio is…
Q: Can you explain the process for solving this general accounting question accurately?
A: Step 1: Define Profitability Index (PI)The Profitability Index (PI) is a capital budgeting tool that…
Q: Choice correct answer with accounting
A: Step 1: Definition of Gross Income from Partnership DistributionsIn a partnership, a partner must…
Q: Accounting problem with solution
A: Step 1: Definition of Direct Labor CostDirect Labor Cost is the total wages paid to workers who are…
Q: What is the dollar amount of interest that Agrico earned on the note between June 15th October 31st?…
A: Step 1: Definition of Notes Receivable and Interest IncomeNotes Receivable represent amounts owed to…
Q: Please explain the solution to this general accounting problem using the correct accounting…
A: Step 1: Definition of Gross ProfitGross profit is the difference between sales revenue and the cost…
Q: I am looking for the correct answer to this general accounting question with appropriate…
A: Step 1: Define Income SummaryThe Income Summary account is a temporary account used in the closing…
Q: Provide correct option with step by step calculation
A: Step 1: Definition of Net Cash Flow from Operating ActivitiesNet cash flow from operating activities…
Q: Given the solution and accounting question
A: Step 1: Definition of Times Interest Earned RatioThe Times Interest Earned (TIE) ratio is a…
Q: Please provide the accurate answer to this general accounting problem using valid techniques.
A: Step 1: Define Product CostProduct cost refers to the total costs incurred to manufacture a product,…
Q: What is the variable cost per minute?
A: Sure! Here's the rewritten version without LaTeX formatting:To calculate the variable cost per…
Q: what is the amount of direct materials charged to job 567 ?
A: Step 1: Definition of Direct Materials ChargedDirect materials refer to the raw materials that can…
Q: Drop down options are: Overstate, Understate & No effect
A: The question pertains to the effect of improper ARO liability recording. ARO (Asset Retirement…
Q: Calculate the net sales revenue
A: Explanation of Sales Revenue:Sales revenue refers to the total amount earned by a company from…
Q: I am trying to find the accurate solution to this general accounting problem with the correct…
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) is a financial ratio that…
Q: Could you explain the steps for solving this financial accounting question accurately?
A: Step 1: Definition of Return on Assets (ROA)ROA measures how efficiently a company uses its average…
Q: Fox Corporation acquired two inventory items at a lump-sum cost of $50,000
A: Concept of Fair Value:Fair value refers to the estimated market value of an asset, which is the…
Q: Hi expert please help me this question
A: Step 1: Definition of Gross Profit (Long Form)Gross profit is a key financial metric that measures…
Q: Contribution margin????
A: Step 1: Definition of Contribution Margin The contribution margin refers to the difference between a…
Q: Aaron Mitchell is the sole owner and operator of Midwest Enterprises
A: Concept of Owner's Equity:Owner's equity represents the owner's claims on the assets of the business…
Q: how much is the adjusted cost of goods sold on the schedule of cost of goods sold ???
A: Step 1: Definition of Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) represents the direct costs…
Q: Question 3 of 12 View Policies - / 12.5 III Current Attempt in Progress Blossom Company manufactures…
A: First, let's organize the information:102 phones purchased at $110 each78 phones withdrawn: 28 for…
Q: I need help solving this General accounting question with the proper methodology.
A: Step 1: Define Equity (Retained Earnings)Equity represents the owner's interest in the company after…
Q: General accounting question
A: Step 1: Definition of Gross ProfitGross Profit is the difference between net sales revenue and cost…
Q: What is the amount of the net fixed assets?
A: Explanation of Net Working Capital: Net working capital represents the difference between a…
Q: sub general accounting
A: We can determine the likely stock price this year using the price-to-earnings (P/E) ratio, which…
Q: Can you help me solve this general accounting problem using the correct accounting process?
A: Step 1: Definitionincome Tax Expense: Income Tax Expense is the total amount of taxes a company…
Q: I am looking for a reliable way to solve this financial accounting problem using accurate…
A: Step 1: Understanding Return on Equity (ROE) for a Partnership The Return on Equity (ROE) formula…
Q: What is the depreciation expense for the truck ?
A: Explanation of Cost of the Asset:The cost of the asset refers to the total amount paid to acquire…
Q: Nicole Hill's weekly gross earnings for the week ending June 7th were $2,500, and her federal income…
A: Step 1: Given Information:Gross earnings = $2,500This is Nicole Hill's whole revenue for the week…
Q: Financial accounting problem
A: Return on Assets (ROA) measures how efficiently a company uses its assets to generate profit. It…
Q: what was the total cost os units completed during the period ...??
A: Step 1: Definition of Weighted Average MethodThe Weighted Average Method is used in cost accounting…
Q: Calculate the asset turnover
A: Step 1: Definition of Profit MarginProfit margin is a financial metric that shows the percentage of…
Q: Please explain the solution to this General accounting problem with accurate principles.
A: Step 1: Define Initial MarginInitial Margin is the percentage of a trade's total value that an…
Q: Financial accounting
A: Step 1: Definition of MarginMargin is a financial metric that indicates the percentage of sales…
Q: The company's debt-to-equity ratio at the end of year 2 is
A: The debt-to-equity ratio is calculated using the formula:Formula:Debt-to-Equity Ratio = Total…
Q: need help this question
A: Cash Conversion Cycle (CCC) Analysis for Titan IndustriesTo evaluate Titan Industries' cash…
Q: I need financial accounting question answer
A: Step 1: DefinitionGross Margin: Gross margin is the difference between sales revenue and cost of…
Q: Please explain the solution to this financial accounting problem with accurate principles.
A: Step 1: Definition of Operating Cash Flow (OCF)Operating Cash Flow (OCF) refers to the cash…
Q: I need guidance with this financial accounting problem using the right financial principles.
A: Step 1: Define Cash Flow to CreditorsCash flow to creditors refers to the net amount of cash a firm…
Q: Solve this questions Accounting
A: Step 1: Definition of Quick RatioThe quick ratio (also known as the acid-test ratio) is a liquidity…
Q: I need help with this financial accounting question using the proper accounting approach.
A: Step 1: Define Advertising ExpenseAdvertising expense refers to the costs incurred by a business to…
Q: Please provide the answer to this General accounting question using the right approach.
A: Step 1: Define Standard Variable Overhead RateThis rate tells us how much variable manufacturing…
Q: Jackson, Inc. sponsors a defined-benefit pension plan. The following balance sheet data relates to…
A: Concept of Defined-Benefit Pension Plan:A defined-benefit pension plan promises employees a specific…
Q: None
A: Approach to solving the question: Detailed explanation:To compute the annual depreciation expense…
Q: What is the material quantity variance for May?
A: Explanation of Standard Quantity:Standard quantity refers to the amount of direct material that…
Q: Could you help me solve this financial accounting question using appropriate calculation techniques?
A: Step 1: Definition of Taxable Gain on Sale of a Principal ResidenceWhen a taxpayer sells their…
Q: Jensen's capital balance ay the end of the year was
A: Concept of Assets and Liabilities:Assets are everything a business owns that has value, such as…
Q: Calculate kelvin's net earnings for the week ?
A: Step 1: Definition of Net IncomeNet income (or net earnings) is the amount of money an individual…
What is the capital turnover for each division? accounting
Step by step
Solved in 2 steps
- XYZ Company has two divisions, A and B. Information for each division is as follows: A Net earnings for division P 40,000 P 260,000 Asset base for division P100,000 P1,200,000 Target rate of return 15% 18% Margin 10% 20% Weighted average cost of capital 12% 12% What is the operating asset turnover for A? 1. 0.15 2. 0.10 3.4.00 4. 2.50 0 1 O 2 O 3 O 4Lee enterprises has the following segemnet dataEacher Wares is a division of a major corporation. The following data are for the latest year of operations: Sales Net operating income Average operating assets The company's minimum required rate of return $14,720,000 $1,000,960 $4,000,000 14% Required: a. What is the division's margin? b. What is the division's turnover? c. What is the division's return on investment (ROI)? d. What is the division's residual income?
- Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of $30,000, and invested assets of $600000. What is the return on investment for Division A? A. 20% B. 25% C. 33% D. 40%VishnuMusselwhite Corporation has two divisions. Division 1 has a contribution margin of $79,300 and Division 2 has a contribution margin of $126,200. If total traceable fixed expenses are $77,200 and total common fixed expenses are $34,900, what is Musselwhite Corporation's net operating income? $98,200 $93,400 O $163,200 O $170,600 Next▸
- The following data relates to the XYZ Corporation and its X Division. X Division sales P 8,000,000 X Division operating income P 480,000 X Division total assets P 2,000,000 X Division current liabilities P 600,000 Corporate target rate of return 14% Corporate weighted average cost of capital 10% Corporate effective tax rate 30% What is the X Divisions Economic Value Added (EVA)?The investment turnover isThe mocha company has sales solution this question
- Tutor please provide answerAugustus Electrical Company has 2 divisions, one in Georgetown and one in Berbice Guyana and information on the both divisions are as follows: Georgetown Berbice Total assets $100,000 $500,000 Current liabilities 25,000 150,000 Revenue 50,000 50,000 Income before tax 20,000 75,000 Required: Calculate the return on investment (ROI) using net income and total assets as the measure of income and investment for the Berbice division. a.150% b.1.5% c.15% d.20%Solve these general accounting issue