For the past year, Vivace Corporation recorded sales of $500,000 and average operating assets of $350,000. What is the margin that Vivace Corporation needed to earn in order to achieve an ROI of 25%?
Q: I want answer please help accounting expert
A: Explanation of Process-Based Validation: This is a systematic approach to evaluating control…
Q: Hii expert please provide correct answer general Accounting
A: To determine the status of manufacturing overhead at year-end, we need to calculate the applied…
Q: Solve this Accounting question
A: Step 1: Define Cost of Goods ManufacturedManufacturing companies calculate their cost of goods…
Q: ???
A: Explanation of Purchase Price: Purchase price is the total amount of money one company pays to…
Q: Need help with this general accounting question please solve
A: Step 1: Define Overhead allocationSimilar costs are normally incurred by different departments in a…
Q: I want answer correctly
A: Explanation of Net Sales: Net sales represents the total revenue generated from the company's…
Q: What annual interest rate must they earn to reach their goal, assuming they don't save any…
A: The question pertains to the future value of an investment. Future value (FV) is the value of a…
Q: Sunbeam Logistics would like you to estimate... Can you please give me correct answer the accounting…
A: Step 1:First calculate the variable cost per mile using the high-low method: Variable cost mile =…
Q: Please solve this question general accounting
A: Step 1: Define Variance AnalysisThe variance analysis for a firm is usually carried out for…
Q: Need help with this accounting questions
A: Step 1: Definition of Maturity ValueThe maturity value of a note payable is the total amount to be…
Q: Last year Kijel Company introduced a new product and sold 25,600 units of it at a price of $92 per…
A: Explanation of Sales RevenueSales revenue refers to the total income generated from selling goods or…
Q: I don't need ai answer accounting questions
A: Step 1: Definition of Cash FlowCash flow refers to the net amount of cash being transferred into and…
Q: Tutor Provide answer to this problem
A: To calculate the income or loss from accepting the export offer, we consider only the relevant costs…
Q: Do fast this question answer general Accounting
A: To calculate the overhead cost to be added to Job W, we first need to determine the overhead rate…
Q: General Accounting
A: Step 1: Define Investment RevenueInvestment revenue is a non-operating revenue on the income…
Q: Provide correct solution for this general accounting question
A: Step 1: Calculation of Earnings Before Interest and Taxes (EBIT)EBIT = Annual Sales × 21%EBIT =…
Q: Provide correct answer this question financial accounting
A: Step 1: Define Recognized Gain/lossRecognized gain is the excess of the selling price over the…
Q: Bob's Boxes Inc. has two divisions... Please solve this accounting issue
A: Step 1: Identify the formula for profit marginStep 2: Gather profit and sales data for each…
Q: Need answer to this accounting question
A: Explanation of Beginning Total Assets: This represents all the resources that Verma Inc. owned at…
Q: At December 31, 2016 and 2015, G Co. had 50,000 shares... Please answer the accounting question
A: Step 1: Define Preferred DividendWhen the preferred stock is cumulative, any dividends of the past a…
Q: Which feature distinguishes nominal accounts from real accounts in closing entries? Options: (a)…
A: Explanation of Nominal Accounts:Nominal accounts are temporary accounts that record financial…
Q: Please provide this question solution general accounting
A: Step 1: Definition of Depreciable CostDepreciable cost is the portion of an asset's cost that is…
Q: Please solve this general accounting issue
A: To calculate the total manufacturing costs incurred during the fiscal year 2023, we use the…
Q: In 2009 Nitya Ltd. had a net profit of $100,000 after charging an amortization expense of $50,000.…
A: Explanation of Net Profit: This represents the company's total earnings after subtracting all…
Q: Financial accounting
A: To determine the total cost recorded in the Work in Process for Job A-1 on May 21, we need to…
Q: I won't to this question answer general Accounting
A: Approach to solving the question: Step 1: Calculate Required Reserves:Required Reserve Ratio =…
Q: Hi expert please give me answer general accounting question
A: Step 1: Definition of Variable Overhead Spending VarianceThe variable overhead spending variance…
Q: Provide answer financial accounting
A: Step 1: Define Cash CycleCash cycle refers to the period within which the company converts the cash…
Q: Compute the required rate of return on these financial accounting question
A: The problem requires the determination of the required rate of return. The required rate of return…
Q: Provide correct option general accounting
A: Step 1: Define Net PayEvery employee receives the salary or wage at its net pay. It is the cash…
Q: General accounting question
A: Step 1: Definition of Flexible BudgetA flexible budget adjusts costs based on the actual level of…
Q: Hugh has the choice between investing in a city of solve this question general Accounting
A: Key Details:City of Heflin bond: 4.05% (tax-free)Surething bond: Current rate = 5.75%…
Q: Vista corporation had originally expected solve this accounting questions
A: Step 1: Definition of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL)…
Q: Answer? ? Financial accounting
A: WACC = (Cost of Equity*Weight of Equity) + (Cost of Debt*Weight of Debt)*(1-Tax Rate) WACC =…
Q: Accounting Problem please solve this one
A: Lower of Cost or Market (LCM)The LCM method requires that inventory is reported on the balance sheet…
Q: I won't to this question answer general Accounting
A: Step 1: Define Net LossThe amount of net loss is presented in the income statement. Net loss will be…
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: Alpha industries is evaluating a project sokve this general accounting question
A: Approach to solving the question: For better clarity of the solution, I have attached the Excel…
Q: Kindly help me with accounting questions
A: The average payment period (APP) can be calculated using the formula: Average Payment Period =…
Q: what is the projected net income Accounting Solution
A: Step 1: Definition of Net Income CalculationNet income is the amount of money remaining after all…
Q: Perry Company applies Overhead
A: Explanation of Direct Materials Cost:Direct materials cost refers to the cost of raw materials that…
Q: Answer? ?
A: Step 1: Define Net PayNet pay is the salary that employees receive from business associations for…
Q: I need answer of this question solution general accounting
A: Step 1: Definition of Plantwide Overhead RateThe plantwide overhead rate is a single rate used to…
Q: Financial Accounting
A: To determine the annual interest rate your parents must earn for their $350,000 savings to grow to…
Q: D-Mart reported a net income of $19,500 for the previous year. At the beginning of the year, the…
A: Explanation of Net Income: This represents the total profit a company earns after deducting all…
Q: if share issuance cost count as acqusition related costs?
A: IntroductionWhen evaluating a business combination, the treatment of share issuance costs and…
Q: ??
A: Detailed explanation:Given : Net Sales $ 803,000Accounts Receivables beginning $ 80,000Accounts…
Q: Accounting
A: To solve the problem, we calculate the bond's value today (one year to maturity) and compare it to…
Q: The Art Attack Corporation reported sales revenue (accrual basis) of $52,000 for 2019. The accounts…
A: Explanation of Sales Revenue (Accrual Basis): Sales revenue on an accrual basis represents income…
Q: Please provide correct answer the financial accounting question
A: The Capital Asset Pricing Model (CAPM) is used to estimate the cost of common equity. The formula…
For the past year, Vivace Corporation recorded sales of $500,000 and average operating assets of $350,000. What is the margin that Vivace Corporation needed to earn in order to achieve an

Step by step
Solved in 2 steps

- During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000, 000. What is the sales margin?During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of $9,350,000 and average capital assets of $13,500,000. What is the sales margin?During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000. A. Based on this information, calculate asset turnover. B. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?
- Rotablade's net income was $600,000 on sales of $24 million for the year. Average assets for the year were $8 million. For the year: Multiple Choice margin was 4%, turnover was 2.0, and ROI was 8%. margin was 4%, turnover was 3.0, and ROI was 12%. margin was 2.5%, turnover was 2.0, and ROI was 5%. margin was 2.5%, turnover was 3.0, and ROI was 7.5%Hi expart give me answerSolve this general accounting question
- Lewis Company has operating income of $265,000. Its return on investment (ROI) is 53%, while its target rate of return is 7%. The total assets of Lewis Company may be closest to O A. $140,450. O B. $3,785,714. O C. $18,550. O D. $500,000The Hydride Division of Murdoch Corporation is an investment center. It has $1,000,000 of operating assets. During 2015, the Hydride Division earned operating income of $400,000 on $6,000,000 of sales. Murdoch's companywide return on investment or desired rate of return is approximately 10%. a. What is the ROI? b. What is the margin? c. What is the turnover? d. What is the residual income?A business produces an annual net income of $103,000. The annual operating costs total rate of return is 11%. What is the estimated value of the business?