Required information [The following information applies to the questions displayed below.] ACME Food Manufacturing reports the following for two of its divisions for a recent year. ($ millions) Beverage Cheese Division Invested assets, beginning Invested assets, ending Division $4,468 $2,675 2,599 2,687 355 4,406 Sales 3,931 Operating income 640 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute investment turnover for the year. (Enter your answers in millions.) Investment Turnover Choose Numerator: Choose Denominator: Investment Turnover %3D Investment Center Investment turnover %3D Beverage %3D Cheese %3D < Required 2 Required 3>

Required information [The following information applies to the questions displayed below.] ACME Food Manufacturing reports the following for two of its divisions for a recent year. ($ millions) Beverage Cheese Division Invested assets, beginning Invested assets, ending Division $4,468 $2,675 2,599 2,687 355 4,406 Sales 3,931 Operating income 640 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute investment turnover for the year. (Enter your answers in millions.) Investment Turnover Choose Numerator: Choose Denominator: Investment Turnover %3D Investment Center Investment turnover %3D Beverage %3D Cheese %3D < Required 2 Required 3>

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter11: Performance Evaluation And Decentralization

Section: Chapter Questions

Problem 27E: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the...

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Required information [The following information applies to the questions displayed below.] ACME Food Manufacturing reports the following for two of its divisions for a recent year. Cheese ($ millions) Beverage Division Division Invested assets, beginning Invested assets, ending $2,675 2,599 2,687 $4,468 4,406 3,931 Sales Operating income 355 640 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin Choose Numerator: Choose Denominator: Profit Margin %3D Investment Center Profit margin %3D Beverage Cheese %D
Required information [The following information applies to the questions displayed below.] ACME Food Manufacturing reports the following for two of its divisions for a recent year. ($ millions) Beverage Division Cheese Division Invested assets, beginning Invested assets, ending $2,675 2,599 2,687 $4,468 4,406 3,931 Sales Operating income 355 640 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on investment. (Enter your answers in millions.) Return on Investment Choose Numerator: Choose Denominator: Return on lInvestment Investment Center Return on investment %3D Beverage Cheese II II
Lousiville Inc. reported the following financial data for one of its divisions for the year; average invested assets of $490,000; sales of $990,000; and income of $113,000. The investment turnover is: Multiple Choice 2.02. 21.30. 433.60. 49.50. 11.40.
Profit Margin, Investment Turnover, and ROI Cash Company has income from operations of $55,704, invested assets of $211,000, and sales of $506,400. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin b. Investment turnover c. Return on investment
Profit Margin, Investment Turnover, and ROI Briggs Company has operating income of $108,955, invested assets of $283,000, and sales of $990,500. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin % b. Investment turnover c. Return on investment %
Louisville Inc. reported the following financial data for one of its divisions for the year; average invested assets of $560,000; sales of $1,020,000; and income of $123,420. The investment center profit margin is: Multiple Choice 182.1%. 22.0%. 12.1%. 54.9%. 453.7%.
Excel Online Structured Activity: Balance Sheet Analysis Consider the following financial data for J. White Industries: Total assets turnover: 1.2Gross profit margin on sales: (Sales - Cost of goods sold)/Sales = 27%Total liabilities-to-assets ratio: 45%Quick ratio: 0.90Days sales outstanding (based on 365-day year): 29.5 daysInventory turnover ratio: 4.0 The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Complete the balance sheet and sales information in the table that follows for J. White Industries. Do not round intermediate calculations. Round your answers to the nearest whole dollar. Partial Income StatementInformation Sales $ fill in the blank 2 Cost of goods sold $ fill in the blank 3 Balance Sheet Cash $ fill in the blank 4 Accounts payable $ fill in the blank 5 Accounts receivable $ fill in the blank 6 Long-term debt $…
A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Beverage Division Cheese Division Invested assets, beginning $ 2,664 $ 4,457 Invested assets, ending 2,594 4,401 Sales 2,682 3,926 Operating income 350 635 1. Compute return on investment.2. Compute profit margin.3. Compute investment turnover for the year.
Calculating the Average Total Assets and the Return on Assets The income statement, statement of retained earnings, and balance sheet for Santiago Systems are as follows: Santiago Systems Income Statement For the Year Ended December 31, 20X2 Amount Percent Net sales $5,345,000 100.0% Less: Cost of goods sold (3,474,250) 65.0 Gross margin $1,870,750 35.0 Less: Operating expenses (1,140,300) 21.3 Operating income $730,450 13.7 Less: Interest expense (27,000) 0.5 Income before taxes Less: Income taxes (40%)* $703,450 13.2 (281,380) 5.3 Net income $422,070 7.9 * Includes both state and federal taxes.
14. Briggs Company has operating income of $33,516, invested assets of $133,000, and sales of $478,800. Use the DuPont formula to compute the return on investment. If required, round your answers to two decimal places. a. Profit margin ____ % b. Investment turnover ____ c. Return on investment ____ %
The following data have been extracted from the year-end reports of two companies – Company A and Company B: Company A Company B Sales P 800,000 ? Net Operating Income 56,000 ? Average Operating Assets ? P 125,000 Margin ? 4 % Turnover ? 6 Return on Investment 14 % ? Required: Fill in the missing data on the above table. Show the solutions pls,thank you
Carter Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,180,000; sales of $4,605,000; cost of goods sold of $2,630,000; and operating expenses of $1,452,000. Compute the division's return on investment: Multiple Choice 26.48%. 11.36%. 19.89%. 12.51%. 8.21%.