Homework Help is Here – Start Your Trial Now!
Business
Accounting
Data for the ff. subsidiaries of Timmy Company, which are operated as investment centers are as follows: Black Company P3,000.000 (1) (2) 1,200,000 500,000 10% Greer Company P2,000,000 (3) 4,000,000 800,000 200,000 (4) Sales Controllable margin Average operating assets Contribution margin Controllable fixed costs Return on Investment

Data for the ff. subsidiaries of Timmy Company, which are operated as investment centers are as follows: Black Company P3,000.000 (1) (2) 1,200,000 500,000 10% Greer Company P2,000,000 (3) 4,000,000 800,000 200,000 (4) Sales Controllable margin Average operating assets Contribution margin Controllable fixed costs Return on Investment

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

1. What is the controllable margin of Black Company?

2. What is the average operating assets of Black Company? 

Data for the ff. subsidiaries of Timmy Company, which are operated as investment centers are as follows: Sales Controllable margin Average operating assets Contribution margin Black Company P3,000.000 (1) (2) 1,200,000 500,000 10% Greer Company P2,000,000 (3) 4,000,000 800,000 200,000 (4) Controllable fixed costs Return on Investment
Transcribed Image Text:Data for the ff. subsidiaries of Timmy Company, which are operated as investment centers are as follows: Sales Controllable margin Average operating assets Contribution margin Black Company P3,000.000 (1) (2) 1,200,000 500,000 10% Greer Company P2,000,000 (3) 4,000,000 800,000 200,000 (4) Controllable fixed costs Return on Investment
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS