Division Y has generated sales revenue of $260,000 and achieved operating income of $18,500 using $20,000 of invested assets. If management desires a minimum rate of return of 10%, the profit margin would be _____. a.14.4% b.19.5%
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Division Y has generated sales revenue of $260,000 and achieved operating income of $18,500 using $20,000 of invested assets. If management desires a minimum
rate of return of 10%, the profit margin would be _____.a.14.4%b.19.5%c.7.1%d.10.2%
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- The Marine Division of Pacific Corporation has average invested assets of $110,000,000. Sales revenue of $50,280,000 results in net operating income of $9,972,000. The hurdle rate is 7%. Required a. Calculate the return on investment. b. Calculate the profit margin. c. Calculate the investment turnover. d. Calculate the residual income. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the return on investment. Note: Round percentage to 2 decimals. Return on Investment Required D %Assume the Residential Division of Kopper Faucets had the following results last year: Net sales revenue Operating income Average total assets Management's target rate of return What is the division's ROI? OA. 48% OB. 15% O C. 320% OD. 208% $ 16,000,000 2,400,000 5,000,000 15% ***Assume the Residential Division of Kappy Faucets had the following results last year: Net sales revenue $ 6,480,000 Operating income 2,592,000 Average total assets 5,400,000 Management's target rate of return 16% What is the division's profit margin ratio? O A. 250% B. 48% O C. 120% O D. 40%
- A company has operating income of $300,000, revenues of $1,500,000, total assets of $2,000,000 and an ROI of 15%. To improve the ROI, to increase ROI to 20%, which of the following investment turnovers would need to be achieved? A. .75 B.1.5 C. 2 D.1Provide this question solution general accountingMason Division had $650,000 in invested assets, sales of $700,000, income from operations of $99,000, and a minimum acceptable return of 15%. The profit margin for Mason Division is a.7.1% b.15.2% c.14.1% d.20%
- Data about Les department of Les miserable’s company for the year are as follows: A. sales amounted to 880,000 at 12% margin B. return on investment was 20% C. minimum required rate of return was 15% The residual income of les department must be: A. 26,400 B. 42,240 C. 79,200 D.105,600The Break Division of Zoe motors Company had the following financial data for the year: Assets available for use P 1,000,000 BV P1,500,000 MV Residual income P 100,000 Return on investment 15% A. What was the Break Division’s segment income? B. If the manager of the Break Division is evaluated based on return on investment, how much would she willing to pay for an investment that promise to increase net segment income by P50,000?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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