The Meridian Division's operating data for the year 2021 is as follows: . Return on investment = 13.5% . . Minimum required rate of return 9.5% Average net operating assets = $750,000 Sales $2,500,000 Compute the margin for 2021.
Q: On 17-Feb of year 1, Javier purchased a building, including the land it was on, to assemble his new…
A: MACRS is an acronym for Modified Accelerated Cost Recovery System. It is a depreciation method…
Q: Please need help with this accounting question
A: Step 1: Definition of Raw Material Recording Under Foreign Exchange TransactionsWhen a company…
Q: What is company's profit margin? General accounting
A: Step 1: Definition of Profit MarginProfit margin is a financial metric that measures how much of a…
Q: On 17-Feb of year 1, Javier purchased a building, including the land it was on, to assemble his new…
A: MACRS is an acronym for Modified Accelerated Cost Recovery System. It is a depreciation method…
Q: can you help me with General accounting question
A: Step 1: Define Maturity ValueMaturity value refers to the total amount that must be paid at the end…
Q: Need help with this question solution general accounting
A: Step 1: Definition of Accounts Receivable LevelThe Accounts Receivable Level represents the total…
Q: Ans plz
A: SOLUTION: Fixed charges (F.C) = 150,000 dollarsVariable Charges (V.C) = 5 dollars per unit.Selling…
Q: Need help with this general accounting question
A: Step 1: Definition of Weighted Average MethodThe weighted average method is a cost accounting…
Q: Get correct answer general accounting question
A: Calculation of Average Accounts ReceivablesAverage Accounts Receivables = (Beginning Accounts…
Q: Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse…
A: To calculate for the cost basis, the total cost should be allocated between the warehouse and land…
Q: Please give me correct solution this financial accounting question not use ai and chatgpt
A: Step 1: Definition of Current LiabilitiesCurrent liabilities are the company's short-term financial…
Q: What is the net income after adjustment?
A: Concept of Net IncomeNet income represents a company's total earnings after deducting all expenses,…
Q: Accounting
A: Step 1: Definition of Plantwide Overhead RateThe Plantwide Overhead Rate is a single overhead rate…
Q: Hello tutor provide answer this accounting question please help
A: Step 1: Definition of EBIT (Earnings Before Interest and Taxes)EBIT (Earnings Before Interest and…
Q: Solve fastky
A: Brightwood Furniture's Contribution Margin (CM) Ratio is calculated by dividing the total…
Q: Solve Question. General accounting
A: We use the standard one‐period stock‐pricing model, which says that the current stock price P₀ is…
Q: What is the level of its accounts receivable on these general accounting question?
A: Step 1: Define Accounts Receivable LevelThe Accounts Receivable Level refers to the total amount of…
Q: solve plz now
A:
Q: Assess the role of modern accounting theories in guiding research in accounting.Discuss how…
A: The Role of Modern Accounting Theories in Guiding Research in AccountingModern accounting theories…
Q: managerial accounting
A: Step 1: Definition of Capital BalanceThe capital balance in a sole proprietorship represents the…
Q: Answer the following requirements for this accounting question
A: Step 1: Define Gross Profit PercentageGross Profit Percentage (Gross Profit Margin) is a financial…
Q: hi teacher provide correct answer of this General accounting question
A: Step 1: Define Present Value of Tax Benefits from DepreciationThe present value of tax benefits from…
Q: Monty Inc., a major retailer of high-end office furniture, operates several stores and is a publicly…
A: Step 1: Cash Flow Statement is the statement prepared at the end of accounting year to know the…
Q: Sterling Fashion Store had a balance in the Accounts Receivable account of $450,000 at the beginning…
A: Step 1: Calculation of Average Accounts ReceivablesStep 2: Calculation of Average Collection Period
Q: I don't need ai answer general accounting question
A: Step 1: Definition of Total Cost of Tax Returns Completed The total cost of tax returns completed…
Q: Do fast answer of this accounting questions
A: Step 1: Introduction to inventory valuationInventory valuation is referred to as that method which…
Q: Last Chance Mine (LCM) purchased a coal deposit for $2,918,300. It estimated it would extract 18,950…
A: In the percentage depletion method, revenue is multiplied by the applicable percentage for coal, but…
Q: After several profitable years running her business, Ingrid decided to acquire the assets of a small…
A: Step 1:Amortization is the decrease in the value of fixed intangible assets. As the assets are…
Q: Solve this accounting issue without use Ai
A: Step 1: Definition of Profit MarginProfit margin is a financial metric that indicates the percentage…
Q: FlareTech Inc. had sales to customers of $520,000 during 2018. The company has consistently…
A: Explanation of Allowance for Sales Returns:The allowance for sales returns is a contra-revenue…
Q: Give explanation and soln
A: Explanation for 1: Following data is given:Sale price per chair = $55.00; Variable cost per chair =…
Q: Calculate gross profit of this general accounting question
A: Step 1: Define Gross ProfitGross Profit is the financial metric that represents the difference…
Q: What is the correct option this general accounting question?
A: Step 1: Information givenTotal Asset Turnover = 1.6Net Profit Margin = 5%Debt Ratio = 40% or 0.4 (in…
Q: Please don't use AI
A: Question as per my understanding (as the font is very blurry) - Brightwood seating sells reclining…
Q: what is the sustainable growth rate?
A: Explanation:Plow back ratio, b=1-Payout ratio b = 1-0.30 = 0.70 ROE=Profit…
Q: Glenwood Industries made a $310,000 investment in new machinery. Assuming the company's margin is…
A: Certainly! Let's break down the calculation step by step: Additional sales:$600,000This represents…
Q: Velocity s percentage change calculation at the end of the current year is. Accounting
A: Step 1: Definition of Percentage ChangePercentage change is a method used to measure the relative…
Q: Nicole organized a new corporation. The corporation began business on April 1 of year 1. She made…
A: As per the Law, businesses can deduct up to $5,000 of start-up costs and $5,000 of organizational…
Q: Answer? ? Financial accounting question
A: Step 1: Define Asset Turnover RatioThe Asset Turnover Ratio is a financial metric that evaluates how…
Q: Transactions and T Accounts The following selected transactions were completed during July of the…
A: Step 1: Journal entries: The way to record the transactions of a company is journal entries. The…
Q: Subject: general accounting question
A: Step 1: Define Gain or Loss on Asset DisposalThe gain or loss on asset disposal is determined by…
Q: Provide solution. General accounting
A: Step 1: Definition of Allowance for Doubtful AccountsAllowance for doubtful accounts is a…
Q: Answer the following requirements on these accounting question
A: A)Total Variable Cost per UnitThe variable cost per unit includes all the costs that vary with the…
Q: Tutor please provide answer
A: Predetermined overhead rateThe company allocates overhead at a fixed rate of $72 per direct labor…
Q: answer?
A: a. cost of goods sold accountStandard costs are used to monitor the expected production costs in a…
Q: The investment turnover is
A: The investment turnover is calculated using the formula:Investment Turnover = Sales / Average…
Q: Conversion cost per unit equals $6. Total materials costs equal $60,000. Equivalent units for…
A: Explanation of Total Manufacturing Cost Per Unit:The Total Manufacturing Cost Per Unit represents…
Q: Sterling Manufacturing had a quick ratio of 1.5, a current ratio of 3.2, an inventory turnover ratio…
A: Step 1: Definition of Annual Sales and Days Sales Outstanding (DSO)Annual Sales refers to the total…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Special Order Income or Loss A special order refers to a one-time order that…
Q: What is the differential cost of producing product B on these accounting question?
A: Step 1: Definition of Differential CostDifferential cost is the difference in total cost that arises…
Compute the margin......?
Step by step
Solved in 2 steps
- The return on investment percentage is?The North Division. The division's desired rate of return is 10%. The financial information for the year 2021 includes total sales of RM6,000,000, operating income of RM1,900,000, total assets of RM16,000,000, and current liabilities of RM4,500,000. The tax rate is 35% and the weighted average cost of capital (WACC) is 10% Calculate and interpret the results on the following performance measurements for North division. i) Return on investment (ROI) ratioii) Residual income (RI)iii) Economics value added (EVA).Click Investments has two divisions. Each division's required rate of return is 15%. Planned operating results for 2020 are as follows: (Click the icon to view the planned operating results.) Data table AB Division $ $ Operating income 12,000,000 11,520,000 Investment $ 75,000,000 $ 48,000,000 - X
- 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 answerSubject: accountingABC Company has established a target rate of return of 12% for all of its divisions. In 2021, Division A generated sales of $16,000,000 and expenses of $14,000,000. Total assets at the beginning of the year were $10,000,000, and total assets at the end of the year were $8,000,000. For 2021, what was Division A's return on investment (rounded to the nearest whole percent)?
- Suppose the MARR is 12%. Use the following table to answer the question-The IRR on the CMS Investment is FMS Initial Investment Annual Revenue Useful Life (Years) A. 17.0 % - 18.0% OB. 15.0 % - 16.0% OC. 11.0% - 12.0% O D.0.5% -1.0% O E.20.0% -21.0% CMS $20,000 6,688 $29,000 9,102An Investment center has sales of $30,000,000, income of $9,000,000, and average assets of $40,000,000. Assuming a target income of 12% of sverage eens, residual lncome is $4,200,0 0. True or False True False 2 of 25 PrevSuppose the MARR is 12%. Use the following table to answer the question--The IRR on the CMS Investment is CMS FMS Initial Investment Annual Revenue Useful Life (Years) A. 17.0% - 18.0% B. 20.0% - 21.0% C. 15.0% - 16.0% D. 0.5% -1.0% E. 11.0% - 12.0% $20,000 6,688 15 $29,000 9,102 in 5
- The Western Division of Claremont Company had net operating income of $154,000 and average invested assets of $557,000. Claremont has a required rate of return of 14.75 percent. Western has an opportunity to increase operating income by $48,000 with a $84,000 investment in assets. Compute Western Division's return on investment and residual income currently and if it undertakes the project. Note: Enter your ROI answers as a percentage rounded to two decimal places, (i.e., 0.1234 should be entered as 12.34%). Round your Residual Income (Loss) answers to the nearest whole dollar. Return on Investment (ROI) Residual Income (Loss) Current % Proposed ProjectPaints Division of PorEleben, Inc. had the following operation result in 2019:Sales: P12,000,000Profit Margin: 20%Assets P15,000,000The Division is considering a P2,000,000 investment in a new project. The estimated ROI for all its operations would be 30% with the new investment. The weighted average cost of capital is 15%1. How much net income or net loss is the new project expected to contribute?2. If the manager of the division is evaluated on ROI alone, will she invest on the new project?Why?3. What would be the residual income for all its operations?The New York division of Ram Co. had the following financial data for 2020: sales $600,000, average operating assets $200,000, margin (or profit margin) 5%, minimum required rate of return 12%. 1. What was the return on investment for the division? a)10% b)7% c)15% d)12% 2. What was the dollar amount of residual income for the division? a)$6,000 b)$8,000 c)$12,000 d)$16,000