Randall Company makes and distributes outdoor play equipment. Last year, sales were $2,400,000, operating income was $600,000, and the assets used were $3,000,000. The return on investment (ROI) is: a. 20% b. 80% c. 25% d. 125% e. none of the above
Q: None
A: Transaction A:Step 1: Calculate the total cash received.Cash received = 110,000 shares x…
Q: Please provide answer
A: Step 1: Introduction to the Variance Analysis:The quantitative measurement of the discrepancy…
Q: Get correct answer accounting
A: Step 1: Define Operating LeverageThe degree of operating leverage evaluates the sensitivity of…
Q: A game show contestant must choose between two prizes: $500,000 in 30 years or $5,000 today.…
A: To determine the better choice, we need to calculate the present value (PV) of the $500,000 prize…
Q: ROA
A: Return on Assets = Net Income / Total AssetsFrom the information given:- Annual sales: $813,200-…
Q: Calculate the dividend payout ratio on these financial accounting question.
A: Step 1: Define Dividend Payout RatioThe dividend payout ratio shows how the company's dividend and…
Q: Want help, provide answer for this Accounting Assignment
A: Emotionally intelligent and teamwork-oriented behavior will be vital for success as the new Customer…
Q: Need answer the accounting question please answer do fast
A: Step 1: Define Bank ReconciliationBank reconciliations are carried out daily to check that the…
Q: select true options
A: According to Internal Revenue Service (IRS), if you receive a scholarship, a fellowship grant, or…
Q: Get correct answer general accounting
A: Step 1:Define Average Collection PeriodThe average collection period pertains to the number of days…
Q: Do fast and step by step calculation with explanation for this accounting question
A: Step 1: Define Standard CostStandard cost can be defined as the estimated cost that will be incurred…
Q: Please help, give me a detailed answer to this.
A: Truck #1 AcquisitionTruck #1 is bought at a list price of $16,950 but paid in cash at a negotiated…
Q: Answer th
A: Product costs are costs that are incurred in the production of a product that is intended for sale…
Q: What is the return on equity on these accounting question?
A: Step 1: Define Return on EquityIn the parlance of finance, there are various financial ratios that…
Q: Selected current year company information follows : please provide answer this accounting question
A: Step 1: Define Return on assetsReturn on investments and return on assets are both acceptable terms.…
Q: GP ℅ FOR THIS PERIOD?
A: Explanation of Net Sales Revenue: Net sales revenue represents the total amount of money generated…
Q: 4 For the following cost pool: Energy costs. Select an appropriate allocation base from the list…
A: Step 1: Appropriate allocation base for Energy costs - (c) Machine hours by departmentBecause in the…
Q: Need Answer of this Question
A: Referencehttps://www.investopedia.com/terms/b/breakevenanalysis.asp
Q: The cost per period of the trade credit extended to Free Spirit, rounded to two decimal places, is…
A: 1. Cost per Period of Trade CreditExplanation and FormulaTrade credit is often extended by suppliers…
Q: Ans
A: Explanation of Cost of Goods Sold (COGS): Cost of goods sold represents the direct cost of…
Q: CORIS RECREATION ASSEMBLY CORIS RA is a government owned enterprise which is legislated to generate…
A: Part AStatement of Cash FlowFor the year ended December 31, 2020(Amounts in $) CASH FLOWS FROM…
Q: Both answer
A: Explanation of Total Sales: Total sales represent the overall revenue generated by a company from…
Q: accounting Q-15
A: Explanation of Learning Curve: The learning curve represents the relationship between cumulative…
Q: Please provide answer this general accounting question not use ai
A: Step 1: Define Direct Labor VariancesDirect labor refers to the wages paid for the labor hours…
Q: need help about this general account question
A: Step 1: Define Return On Equity:The return on equity (ROE) is a common ratio to evaluate the firm's…
Q: Give true answer with correct calculation for this financial accounting question
A: Step 1: Define Liquidity RatiosLiquidity ratios are a group of ratios used in financial statement…
Q: General Accounting
A: Step 1: Define Current AssetIf an asset can be converted into cash within the operating cycle then…
Q: Account
A: 1. First, let's calculate the Total Cost:* Total quantity (20) × Unit cost ($0.79)* 20 × $0.79 =…
Q: Please give me answer
A: Step 1: Define Gross SalesGross sales are the sum of all sales activities before any deductions,…
Q: Fixed Assets Mendenhall Corp constructed a building at a cost of 14,000,000. Weighted average…
A: Explanation of Capitalized Cost:Capitalized cost refers to the total expenditure included in the…
Q: Get correct answer
A: In the calculation of the total cash paid at maturity, there is a need to consider the principal…
Q: What is the degree of operating leverage for this accounting question?
A: Step 1: Define Operating leverageA measure used in cost accounting that calculates the increase in…
Q: Pioneer and victory operate in the same industry. Please solve these accounting question not use…
A: Step 1: Define Cost-Volume-Profit AnalysisThe concept of the cost-volume-profit analysis is useful…
Q: (38) Credit sales for the year were $120,000. Collections on account were $108,000. What debit or…
A: Step 1: Identify the Given InformationCredit Sales for the Year: $120,000This is the total amount of…
Q: Can you please answer this accounting question ?
A: Step 1: Define Margin CallInvestors investing money without using their own money by taking debt…
Q: Problem 1.6 financial accounting
A: Step 1: Calculate Net IncomeProfit Margin = Net Income / SalesNet Income = Profit Margin x SalesNet…
Q: Equity transactions, Statement of Changes in Shareholders' Equity The December 31, 2023…
A: Let's start by journalizing the transactions: January 31: Issued 5,000 common shares for $12 each.…
Q: Assets? (accounting)
A: Explanation of Return on Assets (ROA):ROA measures a company's efficiency in generating net income…
Q: Johnny's lawn service erned $200,000 of service revenues for 2020. General accounting
A: Step 1:- Define Basis Of AccountingOrganizations could choose either the cash basis or the accrual…
Q: In group
A: Explanation of Book Value Accounting: Book value accounting records assets and liabilities based on…
Q: 10 A manufacturer that carries very little inventory likely follows the Select one: a.…
A: The just-in-time (JIT) method is a strategy used by manufacturers to reduce inventory levels by…
Q: Please give me answer
A: The problem requires the determination of the capital gains of TIPS. A capital gain refers to the…
Q: 8
A: Explanation of Gross Sales: Gross sales represents the total amount of all sales transactions for a…
Q: Solve this accounting question not use ai
A: Step 1: Define Inventory ManagementThe inventory for a firm is usually categorized into raw…
Q: What is the cash balance at the end of June on these accounting question?
A: Step 1: Define CashCash is the most liquid in the Asset section of the Balance Sheet. It is…
Q: Need help
A: Question 1: Selling the Stock at $62 per ShareFor this question, I began by determining the total…
Q: 1. Should Caricarn accept this special order? Explain and provide work where possible 2. As in 1,…
A: Question 1: Should Caricarn Accept the Special Order?To determine if Caricarn should accept the…
Q: Manac
A: Material Quantity Variance:Standard quantity per unit = R20.00 ÷ R8.00 = 2.5 kgStandard quantity for…
Q: 53
A:
Q: Provide correct answer the accounting question
A: Step 1: Define High Low MethodIn cost accounting, the high-low method is used to separate the fixed…
Financial Accounting Question need answer do fast
Step by step
Solved in 2 steps
- Golden Goodness (GG) has an investment center that had the following data: Operating Income $28,000 Sales $350,000 Invested assets $175,000 PMB has set a minimum acceptable rate of return at 14%. Using the information, answer the following questions. You must include what type of number it is (%, $, etc.) Part A: What is the residual income? Part B: Show calcualtions on how you got answerFor 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%Golden Goodness (GG) has an investment center that had the following data: Operating Income $28,000 Sales $350,000 Invested assets $175,000 PMB has set a minimum acceptable rate of return at 14%. Using the information, answer the following questions. You must include what type of number it is (%, $, etc.) Part A: What is the profit margin? Part B: What is the investment turnover? Part C: What is the return on investment? Part D: What is the residual income? Part E: Explain each of the calculations you just performed (a-d).
- Steel corporation presented the following results for the period just ended: Sales 6,000,000 Capital Investment 2,000,000 Net Income 1,000,000 To arrive at the return on investment, which of the following should be used? A. ROI = (6/2) X (1/6) B. ROI= (2/6) X (1/6) C. ROI= (6/2) X (6/1) D. ROI= (2/6) X (6/1)Alexander Inc. makes basketballs. The results for the year were as follows: Basketballs Sales $450,000 Income $72,000 Asset base $300,000 Weighted average cost of capital 15% Required:Compute the following amounts for the company:SHOW ALL CALCULATIONS. ROUND EACH NUMBER TO TWO (2) DECIMAL PLACES. A. Return on investment (ROI). B. Residual income if the desired rate of return is 20%. C. EVA. D. Turnover. E. Margin.Golden Goodness (GG) has an investment center that had the following data: Operating Income $28,000 Sales $350,000 Invested assets $175,000 PMB has set a minimum acceptable rate of return at 14%. Using the information, answer the following questions. You must include what type of number it is (%, $, etc.) What is the profit margin? What is the investment turnover? What is the return on investment?
- Calculate the return on investment (as a %) for the given company. (Round your answer to the nearest tenth of a percent.)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?Estate has an ROI of 19.4% based on revenues of $570,000. The residual income is $19,950 and the investment turnover is 2. What is the hurdle rate? Multiple Choice 19.40% 24.80% 9.70% 12.40%
- What is the Rate of Return on Investment (ROI) for Stevenson Corporation, given the following info: Invested Assets = $275,000 Sales $330,000 Income from Operations = $49,500 Desired minimum rate of return = 7.5% O 10.0% 18.0% 8.0% 7.5%The following results pertain to an investment center. Sales $ 1,306,000 Variable costs 710,000 Traceable fixed costs 106,000 Average investment 980,000 Divisional cost of capital (discount rate) 12 % How much is the residual income (RI) for this investment center?The following results pertain to an investment center. Sales $ 1,577,200 Variable costs 820,000 Traceable fixed costs 114,000 Average investment 960,000 Divisional cost of capital (discount rate) 10 % How much is the return on investment (ROI) for this investment center?