Determining missing items in return and residual income computationsData for Uberto Company are presented in the following table of rates of return on investment and residual incomes:Minimum AcceptableInvested Income fromMinimumReturn onResidualIncome from OperationsAssetsOperationsInvestmentReturnIncome(b)$990,000$227,700(a)(c)13%$590,000(d)(e)(f)$70,800$23,600$290,000(g)(h)$31,900(i)14%$220,000$44,000(j)(k)(I)11%Determine the missing values, identified by the letters above. For all amounts, round to the nearest whole number.%а.$1b.$1С.d.$1%е.f.%q.h.% i.j.k.

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Determining Missing Items in Return Computation One item is omitted from each of the following computations of the return on investment: Rate of Return on Investment = Profit Margin x Investment Turnover 20% 10 % (a) (b) 24 % 0.75 21 % (c) 1.5 10 % 20% (d) (e) 15 % 2. Determine the missing items identified by the letters as shown above. If required, round your answers to two decimal places. (a) (b) (c) (d) (e) %3D
Determining missing items in return on investment computation One item is omitted from each of the following computations of the return on investment: Return on Investment = Profit Margin x Investment Turnover 24 % = 10 % x (a) (b) = 24 % x 0.75 12 % = (c) x 1.5 16 % = 20 % x (d) (e) = 15 % x 2.2
Tiger-Farms has an operating-expense ratio of 75%, a depreciation expense ratio of 8%, and an interest expense ratio of 5%. What is Tiger-Farms net-farm-income-from operations ratio? Identify the classification of the financial measures and describe another ratio and within the same classification.
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Assume a company had net operating income of $300,000, sales of $1,500,000, average operating assets of $1,000,000, and residual income of $130,000. The company's minimum required rate of return on average operating assets is closest to: Multiple Choice о о O о 15%. 16%. 17%. 18%.
The following are available for divison X and Y Profit before interest and tax X 185 000 Y172 000 Capital employed X 1 540 000 Y 1 650 000 The cost of capital is 10% comment on the performance of the departments based on a. Return on capital employed b.residual income
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The Marine Division of Pacific Corp. has average invested assets of $120,000,000. Sales revenue of $50,210,000 results in an operating income of $9,964,000. The hurdle rate is 8%. a. Calculate the return on investment. (Round your answer to 2 decimal places.) Raun mant b. Calculate the profit margin. (Round your answer to 2 decimal places.) c. Calculate the investment turnover. (Round your answer to 4 decimal places.) Next >
Return on investment = O Average operating assets ÷ Net operating income O Net operating income Segment revenue Segment revenue ÷ Net operating income ONet operating income ÷ Average operating assets
Assume a company reported the following information: Sales Minimum required rate of return on average operating assets Turnover Return on investment (ROI) The residual income is closest to: Multiple Choice O O O $14,800. $10,800. $16,800. $20,800. $ 900,000 9.2% 1.5 12%
Deuk Seon have the following investment centers. Several items are missing from the following table of rate of return on investment and residual income. Determine the missing items, identifying each item by the appropriate letter. Department Invested Assets Income from Operations Rate of Return on Investment Min. Rate of Return Min. Amt. of Income from Operations Residual Income Taek (a) (b) (c) 16% P128,000 P10,000 Jung Hwan P850,000 P153,000 (d) 12% (e) (f) Sun woo P825,000 (g) 20% (h) (i) P24,000 Dong Ryong (j) P129,000 24% (k) P60,000 (l) (a) Determine the missing items, identifying each by number. (b) Which division is most profitable in terms of income from operations? (c) Which division is most profitable in terms of rate of return on investment?
Required Complete the following table Sales Operating Income Average Operating Assets Return on Investment Minimum Required Rate of return % Residual Income A 400,000 160,000 20% 15% B Company 750,000 45,000 18% 50,000 C 600,000 150,000 12% 6,000

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