< PrevNext>Question 7--/1View PoliciesCurrent Attempt in ProgressThe Fulmar Division of Sunland Company had an ROI of25% when sales were $2400000 and controllable marginwas $480000. What were the average operating assets?O $9600O $600000O $120000O $1920000

Average operating assets are used in calculating the return on investment. These refers to the…

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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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Accounting - ROI
QUESTION 8 Based on the data below calculate the company's combined cost? Annual requirements = 7500 units Ordering cost BD 12 Holding cost-80 0.5 O 125 300 Ⓒ45000 O 150 QUESTION 9 How long does it take for $14050 to grow to $26500, if interest rates are set at 15%2 O 4.54 years O423.33 years 0.50 years 12:23 years QUESTION 10 Areej invested BD 14000 12 years ago, today this investment is worth BD 52000, based on this what annualized rate has Aree earned on this investment? 11.00% O 2.75% 17.43% 8.01% QUESTION 11 Ahmed must pay off his car by paying SD 5700 at the beginning of each year for 12 years and is charged an interest of 8%. What is the present value of Ahmed's payments? OBD 48302.10 OBD 42955.64 BD 116823.19 BD 108160.62 QUESTION 12 Below is some information from Delta airlines financial statements Sales 345,000 COGS 167.000 Account receivable 21,500 Accounts payable 52.789 Inventory 3.500 Using this information calculate the company's cash conversion cycle
Sales $1248000 Contribution margin 466560 Total direct fixed costs 405000 Total operating assets Jan. 1, 2022 740000 Total operating assets Dec. 31, 2022 799000 Bramble Company's desired return 12% What is Bramble Company's ROI, rounded to the nearest whole number? 8% O 12% O 55% O 51%
Part 2 – CVP Analysis The condensed income statement of the Happy Valley Inn is as follows" Variable Costs $1,800,000 1,250,000 200,000 $3,250,000 Fixed Costs Department Income $3,300,000 200,000 150,000 S3,650,000 900,000 1,400,000 1,350,000 472,500 Department Revenue S6,000,000 2,500,000 500,000 $9,000,000 Room $900,000 1,050,000 150,000 $2,100,000 Food and Bev Other Total Other Variable Other Fixed Costs Pre-Tax Income Tax Net Income 877,500 1) What is the contribution ratio for the Happy Valley Inn? 2) What is the break-even level of Sales for the Happy Valley Inn? 3) What level of sales are needed to earn $1,000,000 in net income? 4) What level of Room Sales are needed to earn S1,000,000 in net income? 5) What would be the projected net income at $10,000,000 in Sales?
A2
Exercise 10-9 (Algo) Return on Investment (ROI) and Residual Income Relations [LO10-1, LO10-2] A family friend has asked your help in analyzing the operations of three anonymous companies operating in the same service sector industry. Supply the missing data in the table below: (Loss amounts should be Indicated by a minus sign. Do not round your Intermediate calculations.) Sales Net operating income Average operating assets Return on investment (ROI) Minimum required rate of return: Percentage Dollar amount Residual income Company A Company B Company C $ 450,000 $ 650,000 $ 610,000 $ 44,000 $ 166,000 24 % $ 155,000 19 % % 13 % % 10 % $ 51,000 $ 7,000
-/1 Question 1 rences View Policies borations Current Attempt in Progress PLUS Support Jackson Manufacturing is introducing a new product with a unit selling price of $12.50. The product required an investment of $500,000, and the company requires a 20 % ROI. Projected sales 100,000 units. Compute the target cost per unit. Central e 365 es O $14.50 a O $15.50 O $11.50 O $10 hp noll ins prt sc home delete 4 num backspace
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137 Exercise 4-24 The Sonia Company has two product lines, high-speed printers and electronic typewriters. The company's market rescarch department prepared the following sales forecast for the coming year, 2021. High-speed Printers Electronic Typewriters 170,000 40,000 Industry's total sales forecast Company's share in the market Sales price per unit 10% 25% P3,000 P5,000 The sales force submitted the following estimates: High-speed Printers 2,400 6,000 3,600 12,000 Electronic Typewriters Luzon 3,600 Visayas Mindanao 8,400 3,000 15,000 Total To establish an acceptable forecast, the budget director averages the two estimates. The resulting forecast is then broken down by territories in the same ratio as reflected in the estimates of the sales forecast. REQUIRED: 1. Prepare a sales budget by sales territory and by product lines for the year 2021. Use the following format: Sonia Company Sales Budget For the Year Ending Dec. 31, 2021 Electronic Typewriters High-speed Printers Units Amount…
QUESTION 25 Top management is trying to determine which would be the best choice of the following: Data of investment choices: 1 Sales $10,000,000 Operating income 200,000 Average operating assets 2,000,000 Required: Compute the Return on Investment 9% 12% 8% 10%
Candlemania, Inc. is a maker of scented candles in decorative containers. During 2020, the company sold 30,000 candles at a sales price of $120 each. Following are the 2022 financial results: Candlemania, Inc. Contribution Format Income Statement For the Year 2022 $ 3,600,000 Sales Less variable costs: Direct mate 540,000 Direct laboi 600,000 Variable ov 660,000 Total variable costs Contribution Margin Less fixed costs: 1,800,000 $ 1,800,000 500,000 $ 1,300,000 Income before taxes You are the top managerial accountant at Candlemania, and are scheduled to meet with the company's CEO next week to discuss the financial outlook for 2023. In particular, the CEO will want to know what steps the company might take to improve its 2022 income performance. You expect to be asked questions about the impact that various changes in sales price, sales volume, and costs would have on the company's contribution margin, breakeven point, margin of safety, and income. In addition, the CEO is likely to…
Exercise 9-10A Residual income Claire Cough Drops operates two divisions. The following information pertains to each division for 2010. Division A Division B Sales Operating income Average operating assets Company's desired rate of return $200,000 $ 15,040 $ 63,000 18% $72,000 $ 8,100 $45,000 18% To download more slides, ebooks, solution manual, and test bank, visit http://downloa Chapter 9 Required a. Compute each division's residual income. b. Which division increased the company's profitability more?

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< Prev Next > Question 7 --/1 View Policies Current Attempt in Progress The Fulmar Division of Sunland Company had an ROI of 25% when sales were $2400000 and controllable margin was $480000. What were the average operating assets? O $9600 O $600000 O $120000 O $1920000