Answered: CONSIDER THE FOLLOWING INFORMATION FOR…

CONSIDER THE FOLLOWING INFORMATION FOR A PARTICULAR COMPANY. CALCULATE THE TURNOVER. BRAVO COMPANY SALES $315,000 NET OPERATING INCOME 31,500 MARGIN 10% RETURN ON INVESTMENT 25%

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 4BE: Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested...

See similar textbooks

Related questions

Q: I won't to this question answer general Accounting

A: To calculate the return on common stockholders' equity (ROE), we use the following formula: ROE =…

Q: Please provide this question solution general accounting

A: Step 1: Definition of Gain or Loss on DisposalGain or loss on disposal is calculated by comparing…

Q: Prime manufacturing company expects to purchase... Please provide answer this general accounting…

A: The December's cash disbursement for material purchases is calculated as follows: Cash disbursement…

Q: General Accounting Question please answer do fast

A: Step 1: Define Recognized Gain and Stock Basis in a Section 351 TransactionUnder Section 351 of the…

Q: Financial accounting

A: Step 1: Define Manufacturing Overhead CostManufacturing overhead cost is the cost that is incurred…

Q: Need help with this accounting questions

A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is a rate…

Q: A & B

A: Explanation of Overhead Rate as a Percentage of Direct Labor:This rate reflects how much of the…

Q: Subject: Accounting

A: Option a: This option is incorrect because standard measures do not capture all impacts. Standard…

Q: Please provide answer the financial accounting question

A: To calculate the tax liability of the two companies, we need to follow these steps: Company A:EBIT:…

Q: I need this question answer general Accounting

A: Step 1: Define Profit MarginThe profit margin can be defined as the business's profit percentage…

Q: Financial accounting

A: Step 1: Define Future ValueThe future value is the current worth of the money that will be received…

Q: Financial Accounting solve this problem

A: Step 1: Define Band of InvestmentThe band of investment method is a similar concept to the weighted…

Q: What purpose does documentary reliability analysis serve in digital accounting? (a) Assesses…

A: Explanation of Documentary Reliability Analysis: Documentary reliability analysis is a systematic…

Q: Hi expert provide correct answer general accounting

A: Step 1: Define Collection PeriodCollection period refers to the days that the management of a…

Q: The Kim Company reported total manufacturing costs of $195,000; manufacturing overhead totaling…

A: Explanation of Total Manufacturing Costs: Total manufacturing costs represent the sum of all…

Q: Answer?? Financial accounting

A: Step 1: Define MarginMargin and turnover are the two components used to calculate return on…

Q: Paquin company has the following information available for the most current year solve this question…

A: Step 1: Define Retained EarningsThe ending balance of retained earnings is calculated in the…

Q: Please provide this question solution general accounting

A: Step 1: Definition of Standard Overhead RateThe standard overhead rate is the estimated overhead…

Q: Solution

A: Explanation of Return on Assets (ROA): Return on Assets is a financial ratio that shows how…

Q: Kindly help me with general accounting question

A: Step 1: Definition of Manufacturing OverheadManufacturing overhead includes all indirect costs…

Q: Provide correct answer the general accounting question

A: Step 1: Define Lower of Cost or Net Realizable Value (NRV)The lower of cost or net realizable value…

Q: What does "2/10" mean, with respect to "credit terms of 2/10, n/30"? OA. Interest of 2 percent will…

A: Step 1:Step 2: Step 3: Step 4:

Q: I won't this answer financial accounting

A: Step 1: Define ProfitabilityWhen investors use financial analysis, they are often most concerned…

Q: I won't to this question answer general Accounting

A: Step 1: Define Cost-Volume-Profit (CVP) AnalysisThe CVP analysis is carried out by a firm to…

Q: PP Electronics maintains a petty cash fund with a current balance of $1,000. Recent receipts include…

A: Explanation of Petty Cash Fund: A petty cash fund is a small amount of money kept on hand by a…

Q: Question No. 16 - Calculate the firm's asset turnover using Dupont analysis if it has a profit…

A: The formula for Return on Assets (ROA) using DuPont analysis is: ROA = Profit Margin × Asset…

Q: Provide correct option general accounting

A: Step 1: Define Net income The net income is the amount arrived at after deducting all the expenses…

Q: XYZ, Inc. Has a beta of 0.8 The yield... Please answer the accounting question

A: To solve the question, we will use the Capital Asset Pricing Model (CAPM) formula:re= rf + β ×…

Q: Which answer is right?

A: Explanation of Equitable Accounting Principles:Equitable accounting principles focus on presenting…

Q: The standard composition of workers and their wage rates for producing certain product during a…

A: Labour Cost Variance (LCV): The difference between the standard cost of labor for actual output and…

Q: A company has $300,000 investment solution this accounting questions

A: Step 1: State Formula and Identify Values• Formula: Net Operating Income = Sales × CM Ratio - Fixed…

Q: Criba company has the following data: solve this question general Accounting

A: Step 1: Define Manufacturing BusinessA manufacturing business is a business that converts raw…

Q: Kindly help me Accounting question

A: Step 1: Definition of Contribution Margin per UnitThe contribution margin per unit is calculated by…

Q: Can you please solve this financial accounting question?

A: Step 1: Define Checking AccountA check account is a bank account that allows the owner to deposit…

Q: During the current year,a corporation sellls equipment solve this general accounting question

A: To determine the correct result of the sale, we need to calculate the gain or loss from the sale of…

Q: Do fast answer of this accounting questions

A: Step 1: Define Inventory Types:For a manufacturing concern, inventory has three classifications: raw…

Q: Do fast and step by step calculation with explanation for this general accounting question

A: Step 1: Definition of Long-Term Capital Gain or LossLong-term capital gain or loss occurs when an…

Q: Financial accounting questions

A: To calculate the cash cycle, we use the formula: Cash Cycle = Inventory Period + Accounts Receivable…

Q: Financial accounting

A: Step 1: Define Variable CostingUnder variable costing, the finished goods inventory is valued at…

Q: Financial accounting questions

A: Step 1: Define Financial RatiosFinancial ratios are indicators of a financial performance of a…

Q: Tom runs a gourmet ice cream shop solve this accounting questions

A: Step 1: Definition of standard cost per sundaeThe standard cost per sundae is calculated based on…

Q: answer

A: Concept of Sales:Sales represent the total revenue generated by a company through the sale of its…

Q: None

A: The cost of common stock refers to the amount of return that investors anticipate in equal to the…

Q: General Accounting

A: Step 1: Define Gross Profit PercentageAnalysts and investors use it to compare the company's…

Q: Kindly help me with accounting questions

A: Explanation of High-Low Method: The high-low method is a cost estimation technique used to separate…

Q: Help me

A: Explanation of Causal Analysis: Causal analysis is a systematic process of identifying the…

Q: General accounting

A: Step 1: Identify the Formula for Dollar Return Step 2: Calculate Capital Gains Step 3: Calculate…

Q: General Accounting

A: Step 1: Define Accounts receivableAccounts receivable is an account prepared to record debtors by…

Q: Financial accounting

A: Step 1: Define Cost of Goods SoldThe cost of goods sold is significant in computing the company's…

Q: I don't need ai answer general accounting question

A: Step 1: Define Marginal Income Tax Rate:The marginal income tax rate is the additional tax paid for…

Question

100%

General Accounting question

CONSIDER THE FOLLOWING INFORMATION FOR A PARTICULAR COMPANY. CALCULATE THE
TURNOVER.
BRAVO COMPANY
SALES
$315,000
NET OPERATING INCOME 31,500
MARGIN
10%
RETURN ON INVESTMENT 25%

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: At the beginning of last year, Elway had 28,300,000 in operating assets. At the end of the year, Elway had 23,700,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin and turnover ratios for last year. (Note: Round the answer for margin ratio to two decimal places.) 3. Compute ROI. (Note: Round answer to two decimal places.) 4. CONCEPTUAL CONNECTION Briefly explain the meaning of ROI. 5. CONCEPTUAL CONNECTION Comment on why the ROI for Elway Company is relatively high (as compared to the lower ROI of a typical manufacturing company).
Calculate the average Operaating assets
Correct answer
Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.) Company Net Sales Cost ofGoods Sold GrossProfit OperatingExpenses a countertop installer $759,500 $486,560 $272,940 $176,410 Net Profit Gross ProfitMargin (%) Net ProfitMargin (%) Owner's Equity Return onInvestment (%) $96,530 35.9% 12.7% $425,210 %
Provide the missing data in the following tabulation: Division Alpha Bravo Charlie Revenue 11500000 Operating profit 920000 210000 Average operating assets 800000 Margin 4,00% 7,00% Turnover 5 Return on investment (ROI) 20% 14%
Hi expert please give me answer general accounting question
General accounting
For its three investment centers, Indigo Company accumulates the following data: Sales Controllable margin Average operating assets 1 $2,400,000 $4,800,000 $4,800,000 1,560,000 2.208,000 6,000,000 9,600,000 The return on investment i 11 Compute the return on investment (ROI) for each center. % 111 4,080,000 12,000,000 HE %
I want to this question answer general Accounting
Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.)
Financial accounting
Can you help me with accounting questions