Provide the missing data in the following table for a distributor of martial arts products: (Round "Turnover" and "ROI" answers to 1 decimal place.) Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) Alpha Division $ 472,000 6 % 5.0 % Bravo Division Charlie Division $ $ 332,500 39,900 % 30.0 % $ 52,580 11 % 22.0%

Provide the missing data in the following table for a distributor of martial arts products: (Round "Turnover" and "ROI" answers to 1 decimal place.) Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) Alpha Division $ 472,000 6 % 5.0 % Bravo Division Charlie Division $ $ 332,500 39,900 % 30.0 % $ 52,580 11 % 22.0%

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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Provide the missing data in the following table for a distributor of martial arts products: (Round "Turnover" and "ROI" answers to 1 decimal place.) Alpha Division Bravp Division Charlie Division Sales $272,000 Net Operating Income $27,200 $38,800 Average opertaing assets $404,000 Margain 5% 9% Turnover 4.0 ROI 20.0% 13.5%
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Using the data below for the Ace Guitar Company: A Region B Region Sales $521,500 $968,500 Cost of goods sold 198,200 368,000 Selling expenses 125,200 232,400 Service department expenses Purchasing $250,300 Payroll accounting 166,900 Allocate service department expenses proportional to the sales of each region. Determine the divisional income from operations for the A and B regions. For interim calculations, round percentages to one decimal place. A Region $ B Region $
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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:
Provide the missing data in the following table for a distributor of martial arts products: Note: Enter "Turnover" and "ROI" answers to 1 decimal place. Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) Alpha $ 419,000 7% 4.0 % $ $ Division Bravo 256,000 35,840 % 28.0 % Charlie $ 49,335 13 % 19.5 %
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