What is the return on investment on these general accounting question? Lark Enterprises manufactures and sells home fitness equipment.Last year, the company reported sales of $3,000,000, operatingincome of $750,000, and total assets employed of $3,750,000. Thereturn on investment (ROI) is:a. 25%b. 80%c. 20%d. 125%

Step 1: Define Return on Investment (ROI)Return on Investment (ROI) is a profitability measure that…

Answered: Lark Enterprises manufactures and sells…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 3SEQ: Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of...

See similar textbooks

Similar questions

Profit margin, investment turnover, and ROI Briggs Company has operating income of 36,000, invested assets of 180,000, and sales of 720,000. Use the DuPont formula to compute the return on investment and show (A) the profit margin, (B) the investment turnover, and (C) the return on investment.
What is the return on investment?
During the past year Heart Company had a net income of $175,000. What is the ROI if the investment is $25,000? Select one: a. 2.500 b. 7.000 c. 0.142 d. 5.450 e. 5.140
During the past year Badger Company had a net income of $175,000. What is the ROI if the investment is $25,000? Select one: a. 5.450 b. 2.500 c. 0.142 d. 7.000 e. 5.140
The Electronics Division of Anton Company reports the following results for the current year: Revenues Operating expenses Operating income Operating assets Multiple Choice Anton Company has set a target return on investment (ROI) of 12% for the Electronics Division. The Electronic Division's return on investment is: O 11.36%. $490,000 $440,000 8.33%. $ 50,000 $600,000
Two investment centers at Marshman Corporation have the following current-year income and asset data: Investment Investment Center A Center B Investment center income $ 410,000 $ 524,700 Investment center average invested assets $2,430,000 $1,980,000 The return on investment (ROI) for Investment Center B is: Multiple Choice 38.5% 21.2% 25.5% 377.4%
The 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?
The following selected data pertain to the belt division of Allen Corp. for last year: Sales = $500,000 Average operating Assets = $200,000 Operating Income = $80,000 Turnover = 2.5 Min. Required Return = 20% What was the return on investment?
For its three investment centres, National Inc. accumulates the following data: Centre I Centre II Centre III Sales $2,000,000 $4,000,000 $4,000,000 Operating income 1,300,000 1,840,000 2,880,000 Average Operating Assets 5,000,000 8,000,000 12,000,000 Minimum required return 15% 20% 25% 1.) What is the return on investment (ROI) for Centre I? a. 20% b. 23% c. 24% d. 26% 2.)The residual income (RI) for Centre III is a. $150,000 b. $550,000 c. $240,000 d. -$120,000 3.)The ranking of the centres based on return on investment (ROI) with the best performer listed first is as follows a. Centre I, Centre II, Centre III b. Centre I, Centre III, Centre II c. Centre III, Centre II, Centre I d. Centre II, centre III, Centre I 4.)What is the return on investment (ROI) for Centre II? a. 20% b. 23% c. 24% d. 26%
The Electronics Division of Anton Company reports the following results for the current year: Revenues $ 445,000 Operating expenses $ 400,000 Operating income $ 45,000 Operating assets $ 550,000 Anton Company has set a target return on investment (ROI) of 12% for the Electronics Division. The Electronic Division's return on investment is: Multiple Choice 11.25%. 8.18%. 10.11%. 12.00%.
Assume the Residential Division of Kipper Faucets had the following results last year: What is the division’s RI? a. $(140,000) b. $104,000 c. $140,000 d. $(104,000)
The Electronics Division of Anton Company reports the following results for the current year: Revenues $ 517,000 Operating expenses $ 464,000 Operating income $ 53,000 Operating assets $ 630,000 Anton Company has set a target return on investment (ROI) of 11% for the Electronics Division. The Electronic Division's return on investment is: 10.25%. 8.41%. 11.42%. 11.00%.

SEE MORE QUESTIONS

Recommended textbooks for you

Survey of Accounting (Accounting I)

Accounting

ISBN:

9781305961883

Author:

Carl Warren

Publisher:

Cengage Learning

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

Survey of Accounting (Accounting I)

Accounting

ISBN:

9781305961883

Author:

Carl Warren

Publisher:

Cengage Learning

Managerial Accounting

Accounting

ISBN:

9781337912020

Author:

Carl Warren, Ph.d. Cma William B. Tayler

Publisher:

South-Western College Pub

SEE MORE TEXTBOOKS

Lark Enterprises manufactures and sells home fitness equipment. Last year, the company reported sales of $3,000,000, operating income of $750,000, and total assets employed of $3,750,000. The return on investment (ROI) is: a. 25% b. 80% c. 20% d. 125%