The following selected data pertain to the belt division of Allen Corp. for last year:   Sales = $500,000   Average operating Assets = $200,000   Operating Income = $80,000   Turnover = 2.5   Min. Required Return = 20%   What was the return on investment?

Q: The Your Division had average operating assets totaling $150,000 last year. The minimum required…

A: Residual income = net operating income - average operating assets x minimum required rate of return

Q: The Millard Division's operating data for the past two years are provided below:     Year 1 Year 2…

A: Return on investment is profitability ratio which shows operating income earned by investment…

Q: The Marine Division of Pacific Corp. has average invested assets of $110,000,000. Sales revenue of…

A: Residual income = Operating income - (Average invested assets x Hurdle rate)

Q: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the…

A: Ratio analysis helps to analyze the financial statements of the company. The management can take…

Q: Division A of Kern Co. has sales of $350,000, cost of goods sold for $200,000, operating expenses of…

A: Formula Return on investment = (Sales-Cost of goods sold-Operating expenses)/Invested assets Where…

Q: The Magazine Division of XYZ publication Company had the following financial data for the year:…

A: Return on investment is one of the performance measure of the business. This is calculated by…

Q: X Solutions , a division of XYZ Corporation buys and installs aluminum windows. For the most recent…

A: >Return on Investment or ROI is the rate of return earned on given average invested assets.…

Q: The West Division of Cecchetti Corporation had average operating assets of $695,000 and net…

A: Residual income = Operating income - Minimum required return where, Minimum required return =…

Q: Rotablade's net income was $600,000 on sales of $24 million for the year. Average assets for the…

A: Return on Investment: This percentage shows how much profit we have made by investing in how many…

Q: Cabell Products is a division of a major corporation. Last year the division had total sales of…

A: Return on investment (ROI) = Net operating income/Average operating assets

Q: The Hydride Division of Murdoch Corporation is an investment center. It has $1,000,000 of operating…

A: Turnover means the amount of sale or revenue generated by selling goods or services. Residual income…

Q: The Millard Division's operating data for the past two years are provided below:     Year 1 Year 2…

A: Return on investment is an important accounting ratio which helps management to identify the best…

Q: (9) Mason Division had $1,176,000 in invested assets, sales of $1,252,000, income from operations…

A: Investment-Turnover Ratio shows efficiency of entity in deployment their funds to generate sales and…

Q: he Break Division

A: Operating income is used to calculate the profits or the entity's cash flow. A residual is an amount…

Q: Carter Company reported the following financial numbers for one of its divisions for the year;…

A: Return on investment (ROI) helps to know about what can be earned through external funding. A high…

Q: The following information is available about the status and operations of VTS Company, which has a…

A: Division  B    present situation                                                Asset Turnover =…

Q: The West Division of Cecchetti Corporation had average operating assets of $639,000 and net…

A: The minimum required rate of return is the expected minimum return from the investment that the…

Q: The Hydride Division of Murdoch Corporation is an investment center. It has $1,000,000 of operating…

A: We have the following information: Operating Assets: $1,000,000 Operating Income: $400,000 Sales:…

Q: $14,720,000 Net operating income $1,000,960 Average operating assets $4,000,000 The company’s…

A: Given : Sales $14,720,000 Net operating income $1,000,960 Average operating assets…

Q: King Mattresses sells both mattress sets and bed frames. Last quarter, total sales were $50,000…

A: Formula:  ROI = (Profit / Sales) x (Sales / Assets)

Q: Davis Company has established a target rate of return of 15% for all divisions. For the most recent…

A: Residual income= Operating income- Minimum required return Operating income= Sales- expenses =…

Q: Cabell Products is a division of a major corporation. Last year the division had total sales of…

A: Formula: Margin = ( Net operating income / Sales ) x 100

Q: If the minimum rate of return was 11% (instead of the percentage shown above), Division A's residual…

A: Information Provided: Minimum rate of return = 11% Operating Income = $81,900 Average Investment =…

Q: A division of Soft Company has the following information for 2020: Average Operating assets P1, 800…

A: Divisional return on investment is the return earned on the capital invested in a particular…

Q: Margin, Turnover, Return on Investment, Average OperatingAssetsElway Company provided the following…

A: "Since you have posted a question with multiple sub parts, we will solve first three sub parts for…

Q: The Consumer Products Division of Goich Corporation had average operating assets of $500.000 and net…

A: Minimum required return = Average operating assets × Minimum required rate of return

Q: Hannah Division of Tide Inc has the following data for 2012: Assets available for use is 2,000,000;…

A: Target Rate of return: It refers to the return that an investor would want to make from any capital…

Q: Coolbrook company has the following information available for the past year: (Chart in photo below)…

A: As per our guidelines, we are supposed to answer only 3 sub-parts (if there are multiple sub-parts…

Q: X Solutions , a division of XYZ Corporation buys and installs aluminum windows. For the most recent…

A: Economic value added (EVA): Economic value added indicates the profitability of the projects that…

Q: The Millard Division's operating data for the past two years are provided below:     Year 1 Year 2…

A: Return on investment = Margin * turnover Margin = Return on investment / turnover Margin in year 2 =…

Q: BR Company has a contribution margin of 16%. Sales are $446,000, net operating income is $71,360,…

A: Return On Investment:     This ratio is one of the most important ratios for calculating overall…

Q: The following information relates to last year's operations at the Dairy Division of Carrefour…

A: Given information: Turnover on operating assets= 6 times Sales= $9,70,000 Therefore, operating…

Q: Compute the company’s return on investment (ROI) for the period using the ROI formula stated in…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: The Central Division of Burlington Company reported the following operating data for the past year:…

A: Residual income: Residual income means the excess of income earned over the desired income. Desired…

Q: The following information relates to last year's operations at the Legumes Division of Gervani…

A: Given that, Minimum required rate of return = 14% Return on investment = 16.5% Sales = $970000…

Q: 1. Compute X Solutions Residual Income, was the performance of the division acceptable?

A: A Residual income is an income that a person continues to earn after completing a production…

Q: During the current year, Sokowski Manufacturing earned income of $206,500 from total sales of…

A: Asset turnover = Sales / Average capital assets ROI = Margin * Turnover

Q: What is the Rate of Return on Investment (ROI) for Stevenson Corporation, given the following info:…

A: The financial ratios are calculated on the basis of elements of the various financial statements.…

Q: The Electronics Division of Anton Company reports the following results for the current year:…

A: Given:  Revenues $553,000 Operating expenses $496,000 Operating income $57,000 Operating assets…

Q: The contribution format income statement for Huerra Company for last year is given below:…

A: ROI formula in terms of Margin &Turnover is as follows --…

Q: The contribution format income statement for Huerra Company for last year is given below:…

A: Margin = Net operating income (NOI ) / Sales Turnover = ( Sales / Operating assets ) ROI = NOI /…

Q: KK Industries is a division of a major corporation. Last year the division had total sales of…

A: Given: Particulars Amount Total sales $23,380,000 Net operating income $2,828,980 Operating…

Q: The contribution format income statement for Huerra Company for last year is given below:…

A: Profit margin is a measure of profitability. It is calculated by finding the net profit as a…

Q: A. Based on this information, calculate asset turnover. If required, round your answer to two…

A: Asset Turnover Ratio = Net Sales/Average capital assets*100

Q: A company had the following results last year: sales, $700,000; return on investment, 28%; and…

A: Operating income = sales x margin % = $700,000 x 8% = $56,000