Investment Center Sales Net income Average invested assets Profit margin Investment turnover Return on investment Profit Margin: Investment Center A B Investment Turnover: Investment Center A B Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Investment Center Return on investment: A B A $ $ 584,600 $1,580,000 ? 1 10% ? 7% Choose Numerator: 1 Choose Denominator: 1 B $12,200,000 1 $ $ Choose Numerator: 1 Choose Denominator: ? ? 7% 1.3 13% Choose Numerator: 1 Choose Denominator: = Investment Turnover = Investment turnover = Profit Margin = Profit margin 10.00 % % 1.30 Return on investment = Return on investment % 13.00 %

Investment Center Sales Net income Average invested assets Profit margin Investment turnover Return on investment Profit Margin: Investment Center A B Investment Turnover: Investment Center A B Use the information in the table above to compute each department's contribution to overhead (both in dollars and as a percent). (Round your final answers to 2 decimal places.) Investment Center Return on investment: A B A $ $ 584,600 $1,580,000 ? 1 10% ? 7% Choose Numerator: 1 Choose Denominator: 1 B $12,200,000 1 $ $ Choose Numerator: 1 Choose Denominator: ? ? 7% 1.3 13% Choose Numerator: 1 Choose Denominator: = Investment Turnover = Investment turnover = Profit Margin = Profit margin 10.00 % % 1.30 Return on investment = Return on investment % 13.00 %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

22.0 need help
Profit Margin, Investment Turnover, and ROI Briggs Company has income from operations of $17,800, invested assets of $89,000, and sales of $178,000. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin fill in the blank 1 % b. Investment turnover fill in the blank 2 c. Return on investment fill in the blank 3 %
Engberg Company installs lawn sod in home yards. The company's most recent monthly.contribution format Income statement follows: Percent of Sales 100% Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 92,000 36,800 55,200. 44,160 $ 11,040 40% 60% Required: 1. What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 7% increase in unit sales. 3. Construct a new contribution format income statement for the company assuming a 7% increase in unit sales. Answer is not complete. Complete this question by entering your answers in the tabs below. increases Required 1 Required 2 Required 3 Using the degree of operating leverage, estimate the impact on net operating income of a 7% increase in unit sales. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (.e.1234 should be entered as 12.34).) Net operating income.…
Algebraic method Prosperous Bank has three support areas (administration, human resources, and accounting) and three revenue-generating areas (checking accounts, savings accounts, and loans). Monthly direct costs and the interdepartmental support structure are shown below: Percentage of Service Used by Department Direct Costs Admin. Human Resources Accounting Checking Savings Loans Administration $540,000 40 10 20 30 20 20 Human resources Accounting Checking Savings Loans 360,000 300,000 630,000 337,500 675,000 Checking $ Savings Loans Total 10 10 $ 2,842,500 10 10 10 10 Compute the total cost for each revenue-generating area of the bank using the algbraic method. Note: Do not round proportions in your calculations; round your final answer to the nearest whole dollar. Note: Round your final answers below to the nearest 100; for example, round 8,668 to 8,700. 0 x 0 x 0 x ✓ 30 30 40
Please do not give solution in image format thanku
Dengar
kai.8
C
Kyle Corporation provides the following information for the Product Division and Service Division for the year. Product Division Service Division 420,000 $ 650,000 195,000 245,000 640,000 610,000 14.0% 14.0% Net sales Operating income Average total assets Target rate of return $ Requirement 1. Calculate the return on investment for each division. (Enter answers as a percent rounded to the nearest hundredth percent, X.XX%) The return on investment for the Product Division is The return on investment for the Service Division is Requirement 2. Which division has the highest ROI? % % Requirement 3. Calculate the residual income for each division. (Round answers to the nearest whole dollar.) The residual income for the Product Division is The residual income for the Service Division is Requirement 4. Which division has the highest residual income?
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 %
Knowledge Check East Division of Blue Spruce Anchors provided the following information: Contribution margin Controllable margin Average operating assets Minimum rate of return Return on investment $890,000 $395,900 $2,140,000 Compute the return on investment and the residual income. (Round return on investment answer to two decimal places (e.g., 15.25%).) Residual income 9 % %
Super confused