XYZ Corporation, whose tax rate is 30%, has two operating divisions, the Mandauedivision and the Balamban division, with the following financial data for the currentyear:Mandaue DivisionBalamban DivisionTotal AssetsP475,000,000P550,000,000Current LiabilitiesP140,000,000P110,000,000Operating IncomeP52,750,000P60,000,000The company has a weighted-average cost of capital of 9.12%.What is Economic Value Added (EVA) for the Mandaue Division?P1,872,000P22,198,000P6,373,000D6 395 000

The net income is the net profit of the company earned during the period. The net income includes…

XYZ Corporation, whose tax rate is 30%, has two operating divisions, the Mandaue division and the Balamban division, with the following financial data for the current year: Total Assets Current Liabilities Mandaue Division Balamban Division P475,000,000 P550,000,000 P140,000,000 P110,000,000 Operating Income P52,750,000 P60,000,000 The company has a weighted-average cost of capital of 9.12%. What is Economic Value Added (EVA) for the Mandaue Division? P1,872,000

XYZ Corporation, whose tax rate is 30%, has two operating divisions, the Mandaue division and the Balamban division, with the following financial data for the current year: Total Assets Current Liabilities Mandaue Division Balamban Division P475,000,000 P550,000,000 P140,000,000 P110,000,000 Operating Income P52,750,000 P60,000,000 The company has a weighted-average cost of capital of 9.12%. What is Economic Value Added (EVA) for the Mandaue Division? P1,872,000

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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The following condensed income statements of the Jackson Holding Company are presented for the two years ended December 31, 2021 and 2020: 2021 2020 Sales revenue $ 15,000,000 $ 9,600,000 Cost of goods sold 9,200,000 6,000,000 Gross profit 5,800,000 3,600,000 Operating expenses 3,200,000 2,600,000 Operating income 2,600,000 1,000,000 Gain on sale of division 600,000 — 3,200,000 1,000,000 Income tax expense 800,000 250,000 Net income $ 2,400,000 $ 750,000 On October 15, 2021, Jackson entered into a tentative agreement to sell the assets of one of its divisions. The division qualifies as a component of an entity as defined by GAAP. The division was sold on December 31, 2021, for $5,000,000. Book value of the division’s assets was $4,400,000. The division’s contribution to Jackson’s operating income before-tax for each year was as follows: 2021 $400,000 2020 $300,000 Assume…
Data for September concerning a corporation's two major business segments-Fibers and Feedstocks-appear below: Sales revenues, Fibers Sales revenues, Feedstocks Variable expenses, Fibers $ 940,000 $ 905,000 $ 406,000 $368,000 $ 136,000 $ 188,000 Variable expenses, Feedstocks Traceable fixed expenses, Fibers Traceable fixed expenses, Feedstocks Common fixed expenses totaled $401,000 and were allocated as follows: $203,500 to the Fibers business segment and $197,500 to the Feedstocks business segment. Required: Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts. Net operating income (loss) Total Company Fibers Feedstocks
The Global Products Corporation has three subsidiaries. Sales Net income (after taxes) Assets Medical Supplies Heavy Machinery Electronics a-1. What is the return on sales for each subsidiary? Note: Input your answers as a percent rounded to 2 decimal places. O Medical Supplies O Electronics Medical Supplies Heavy Machinery $ 20,590,000 $5,140,000 1,830,000 19,900,000 a-2. Which subsidiary has the lowest return on sales? Heavy Machinery Return on Sales % % % Medical Supplies Heavy Machinery Electronics 697,000 8,450,000 b-1. What is the return on assets for each subsidiary? Note: Input your answers as a percent rounded to 2 decimal places. Return on Assets % % % Electronics $ 4,190,000 364,000 3,860,000
Can you please need answer?
Required: The following data pertain to three divisions of Nevada Aggregates, Incorporated. The company's required rate of return on invested capital is 10 percent. Note: Round "Capital turnover" answers to 2 decimal places.
None
The following financial information was summarized from the accounting records of Train Corporation for the current year ended December 31: Locomotive Division Cost of goods sold Direct operating expenses Sales Interest expense General overhead. Income tax Rails Division $ 47,200 27,200 108,000 The income from operations for the Rails Division is O $21,150 Ob. $33,600 O $8,700 O d. $60,800 $30,720 20,040 78,000 Corporate Total $2,040 18,160 4,700
Saved He Chevalier Company has identified five industry segments: plastics, metals, lumber, paper, and finance. t appropriately consolidated each of these segments in producing its annual financial statements. Information describing each segment (in thousands) follows: Accounts Sales to outside parties Intersegment sales Interest income from outside parties Interest income from intersegment loans Operating expenses Interest expense Tangible assets Intangible assets Intersegment loans (debt) Plastics $ 6,625 Metals $ 2,334 Lumber $ 701 Paper $ 412 Finance 146 169 134 146 $ 0 0 0 32 19 0 40 0 0 0 0 197 4,174 74 1,742 1,046 644 29 29 64 30 100 1,467 85 0 3,176 504 751 169 399 0 0 61 0 0 0 702 Chevalier does not allocate its $1,480,000 in common expenses to the various segments. Required: a1. Perform revenue test procedure to determine Chevalier's reportable operating segments. a2. Perform profit or loss test procedure to determine Chevalier's reportable operating segments. a3. Perform…

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