21Kelfour Enterprises has divided its operations into two divisions. Relevant accounting data for each division is as follows:DivisionsWestern DivisionEastern DivisionSales$ 150,000$300,000Based on this information Western Division's turnover isMultiple Choicehigher than Eastern's turnover.equal to Eastern's turnover.lower than Eastern's turnover..Operating Assets$100,000$150,000OperatingIncome$15,000$16,500The answer cannot be determined from the information providedtiCP$THbe$1hicthepen

Ratios are those helpful bridge that helps to understand the financial situation of the business.…

Kelfour Enterprises has divided its operations into two divisions. Relevant accounting data for each division is as follows: Divisions Westem Division Eastern Division Sales $ 150,000 $300,000 Based on this information Western Division's turnover is Multiple Choice Operating Assets $100,000 $150,000 Operating Income $15,000 $16,500

Kelfour Enterprises has divided its operations into two divisions. Relevant accounting data for each division is as follows: Divisions Westem Division Eastern Division Sales $ 150,000 $300,000 Based on this information Western Division's turnover is Multiple Choice Operating Assets $100,000 $150,000 Operating Income $15,000 $16,500

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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Thomas Railroad Company organizes its three divisions, the North (N), South (S), and West (W) regions, as profit centers. The chief executive officer (CEO) evaluates divisional performance, using operating income as a percent of revenues. Th following quarterly income and expense accounts were provided from the trial balance as of December 31: $1,044,000 1,245,600 2,188,700 661,600 741,300 1,323,600 555,000 214,200 158,800 350,600 Revenues-N Region Revenues-S Region Revenues-W Region Operating Expenses-N Region Operating Expenses-S Region Operating Expenses-W Region Corporate Expenses-Dispatching Corporate Expenses-Equipment Management Corporate Expenses-Treasurer's General Corporate Officers' Salaries The company operates three support departments: the Dispatching Department, the Equipment Management Department, and the Treasurer's Department. The Dispatching Department manages the scheduling and releasing of completed trains. The Equipment Management Department manages the railroad…
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1 ) Retail Division = ( 1125 / 2500 ) x 264000 = 118800 commercial division = ( 1375 / 2500 ) x 264000 = $ 145200 Using the data for Lee Company above along with the following data, determine the divisional income from operations for the Division and the Commercial Division:
Babak Industries is a division of a major corporation. Last year the division had total sales of $20.460,000, net operating income of $1.886,760, and average operating assets of $6,900,000. The division's turnover is closest to: Multiple Cholce 2.97 0.27 2.19 10.84