The following data pertain to Turk Company's operations last year: Sales Net operating income Contribution margin Average operating assets Stockholders' equity Plant, property, & equipment Turk's return on investment for the year was: Multiple Choice O 20% 4% 36% 15% $ 900,000 $ 36,000 $ 150,000 $ 180,000 $ 100,000 120,000

The following data pertain to Turk Company's operations last year: Sales Net operating income Contribution margin Average operating assets Stockholders' equity Plant, property, & equipment Turk's return on investment for the year was: Multiple Choice O 20% 4% 36% 15% $ 900,000 $ 36,000 $ 150,000 $ 180,000 $ 100,000 120,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 3PB: The income statement comparison for Rush Delivery Company shows the income statement for the current...

See similar textbooks

Similar questions

The income statement comparison for Rush Delivery Company shows the income statement for the current and prior year. A. Determine the operating income (loss) (dollars) for each year. B. Determine the operating income (percentage) for each year. C. The company made a strategic decision to invest in additional assets in the current year. These amounts are provided. Using the total assets amounts as the investment base, calculate the ROI. Was the decision to invest additional assets in the company successful? Explain. D. Assuming an 8% cost of capital, calculate the RI for each year. Explain how this compares to your findings in part C.
Subject: accounting
The following data pertain to Dakota Division's most recent year of operations. Income $ 4,350,000 50,000,000 17,500,000 Sales revenue Average invested capital Required: Compute Dakota Division's sales margin, capital turnover, and return on investment for the year. (Round your answers to 2 decimal places (i.e., .1234 should be entered as 12.34).) Sales margin % Capital turnover Return on investment % < Prev 3 of 7 Next
Shalom Company provided you the following data: Net operating income Total liabilities Contribution margin Average operating assets Sales 150,000 350,000 400,000 750,000 800,000 What is the return on investment?
Last year a company had sales of $400,000, average operating assets of $166,667, and a return on investment of 18%. What was the company's net operating income for the year? Group of answer choices $30,000 $42,000 $25,500 $60,000 $72,000
The following data pertain to Dakota Division's most recent year of operations. $ 4,800,000 54,000,000 17,500,000 Income Sales revenue Average invested capital Required: Compute Dakota Division's sales margin, capital turnover, and return on investment for the year. (Round your answers places (i.e.., .1234 should be entered as 12.34).) Sales margin Capital turnover Return on investment Nex > 3 of 7 < Prev
Selected financial data for Woody Company's Furniture Division is as follows: Sales Operating income Total assets Current liabilities Target rate of return Weighted average cost of capital $2,100,000 $420,000 $1,050,000 $200,000 12% 10% What is Woody Company's Furniture Division return on investment? A) 9.52% B) 40.00% C) 20.00% D) 2000.00%
Selected data from an investment center of IROL Inc. follow:Sales $8,000,000Net book value of assets, beginning 2,500,000Net book value of assets, ending 2,600,000Net operating income 640,000Minimum rate of return 12%Required1. Calculate return on sales (ROS), asset turnover (AT), and return on investment (ROI).2. Calculate residual income (RI).
Data table Operating income $ 9,100 Total assets $ 14,000 Current liabilities $ 4,400 Sales $ 35,000 Target rate of return 15% Print Done - Results from Prime Corporation's most recent year of operations are presented in the following table. (Click the icon to view the information.) Requirements 1. Calculate the sales margin, capital turnover, and return on investment (ROI). 2. Calculate the residual income (RI). Requirement 1. Calculate the sales margin, capital turnover, and return on investment (ROI). First enter the formula, then calculate the sales margin. + = Sales margin
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%
AMT. Inc.'s net income for this quarter is $500,000. The publicized return on assets (ROA) is 34.5 % . Estimate the firm's total asset to the closet possible. a. $1,500,000 c. $2,450,000 b. $ 1,450,000 d. $2,005,500
Bouvous Corporation had the following information for 2015:Revenue $400,000Operating expenses 350,000Total assets 530,000What is the return on investment?