General accounting The Electronics Division of Apex Company reports the followingresults for 2014:Revenues$472,000Operating expenses $424,000Operating income $48,000Operating assets$580,000Apex Company has set a target return on investment (ROI) of11% for the Electronics Division. The Electronic Division's marginis:a. 12.89%.b. 10.17%.c. 11.32%.d. 8.28%.

Step 1: Define Return on InvestmentReturn on investment or ROI is a performance measurement tool…

Answered: The Electronics Division of Apex…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 6EB: During the current year, Plainfield Manufacturing earned income of $845,000 from total sales of...

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Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the following income statement for the last year: At the beginning of last year, Elway had 28,300,000 in operating assets. At the end of the year, Elway had 23,700,000 in operating assets. Required: 1. Compute average operating assets. 2. Compute the margin and turnover ratios for last year. (Note: Round the answer for margin ratio to two decimal places.) 3. Compute ROI. (Note: Round answer to two decimal places.) 4. CONCEPTUAL CONNECTION Briefly explain the meaning of ROI. 5. CONCEPTUAL CONNECTION Comment on why the ROI for Elway Company is relatively high (as compared to the lower ROI of a typical manufacturing company).
During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000 and average capital assets of $12,000,000. A. Based on this information, calculate asset turnover. B. Using the sales margin from the previous exercise, what is the total ROI for the company during the current year?
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.
Forchen, Inc., provided the following information for two of its divisions for last year: Required: 1. For the Small Appliances Division, calculate: a. Average operating assets b. Margin c. Turnover d. Return on investment (ROI) 2. For the Cleaning Products Division, calculate: a. Average operating assets b. Margin c. Turnover d. Return on investment (ROI) 3. What if operating income for the Small Appliances Division was 2,000,000? How would that affect average operating assets? Margin? Turnover? ROI? Calculate any changed ratios (round to four significant digits).
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%.
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
The Electronics Division of Anton Company reports the following results for the current year: Revenues $ 553,000 Operating expenses $ 496,000 Operating income $ 57,000 Operating assets $ 670,000 Anton Company has set a target return on investment (ROI) of 14% for the Electronics Division.The Electronic Division's margin is: Multiple Choice 11.49%. 15.80%. 10.31%. 8.51%.
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Coolbrook Company has the following information available for the past year: River Division Stream Division Sales revenue $ 1,209,000 $ 1,810,000 Cost of goods sold and operating expenses 900,000 1,286,000 Net operating income $ 309,000 $ 524,000 Average invested assets $ 1,200,000 $ 1,460,000 The company’s hurdle rate is 6.26 percent. Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.)) river steam ROI % % Residual income (loss) 2. Recalculate ROI and residual income for the division for each independent situation that follows: Operating income increases by 11 percent. (Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%.). Loss…
The protland division's operating data solve this question accounting
Coolbrook Company has the following information available for the past year: River Division Stream Division Sales revenue $ 1,215,000 $ 1,818,000 Cost of goods sold and operating expenses 897,000 1,287,000 Net operating income $ 318,000 $ 531,000 Average invested assets $ 1,160,000 $ 1,500,000 The company’s hurdle rate is 7.26 percent. Required: 1. Calculate return on investment (ROI) and residual income for each division for last year. 2. Recalculate ROI and residual income for the division for each independent situation that follows: a. Operating income increases by 9 percent. b. Operating income decreases by 9 percent. c. The company invests $259,000 in each division, an amount that generates $105,000 additional income per division. d. Coolbrook changes its hurdle rate to 5.26 percent.
Parker compound has provided the following datavfor the most recent year

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